The selling is de minimis relative to market cap and likely driven by routine portfolio diversification or tax planning. No bearish signal. Monitor for any material corporate events (e.g., earnings, M&A) that could explain the timing, but standalone this cluster is noise.
Price Chart
Executive Summary
Three CVSA insiders, including the CEO and CFO, sold a total of $1.37M in shares over a one-week window. The total represents just 0.031% of the company's $4.4B market cap, making this a routine, immaterial cluster with no predictive signal.
Key Financial Metrics
Key Facts
- Chairman & CEO Stephen W. Beard sold 3,545 shares at $130.34 for $462K on 2026-08-11.
- SVP, GC, Corp. Sec & ISS Douglas G. Beck sold 4,500 shares at $135.81 for $615K on 2026-08-07.
- CFO Robert J. Phelan sold 2,200 shares at $135.15 for $295K on 2026-08-07.
- Total cluster value of $1.37M equals ~0.031% of CVSA's $4.4B market cap.
- No open-market purchases were reported in the cluster.
Financial Impact
Total insider sales of $1.37M, representing 0.031% of market cap — trivial relative to company size.
Risk Factors
- Insider sales, while small, could precede a broader sell-off if fundamentals deteriorate, but current data shows no such catalyst.
- The cluster includes the CEO and CFO, but the dollar amounts are too small to indicate informed selling.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CVSA-1786691512022 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | DEFA14A | $127.24 $131.62 | ▲ +3.44% | ▲ +4.46% | $131.55 (+3.39%) |
Oct 9, 2026 17d ago | 144 | $128.87 $128.58 | ▼ −0.23% | ▲ +1.27% | $131.55 (+2.08%) |
Oct 8, 2026 18d ago | 144 | $129.38 $126.75 | ▼ −2.03% | ▼ −0.07% | $131.55 (+1.68%) |
Oct 2, 2026 24d ago | DEFA14A | $125.39 $128.87 | ▲ +2.78% | ▲ +2.35% | $131.55 (+4.91%) |
Oct 2, 2026 24d ago | DEF 14A | $125.39 $128.87 | ▲ +2.78% | ▲ +2.35% | $131.55 (+4.91%) |
Aug 13, 2026 10w ago | Insider Cluster | $132.01 $132.35 | ▲ +0.26% | ▲ +1.63% | $131.55 (−0.35%) |
Aug 11, 2026 10w ago | Insider Cluster | $128.22 $131.93 | ▲ +2.89% | ▲ +3.34% | $131.55 (+2.60%) |
Jul 28, 2026 12w ago | 8-K | $133.60 $128.91 | ▼ −3.51% | ▼ −9.04% | $131.55 (−1.53%) |
Jul 15, 2026 14w ago | Insider Cluster | $116.22 $115.13 | ▲ +0.94% | ▼ −0.73% | $131.55 (−13.19%) |
Jul 15, 2026 14w ago | Insider Cluster | $116.22 $115.13 | ▼ −0.94% | ▲ +0.73% | $131.55 (+13.19%) |
US Market Status
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