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Insider Cluster (2 insiders) ·Filed Mar 17, 2026

EOLS

Evolus, Inc.
BEARISH
Impact 6/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $585K total
Actionable Insight ▼ Bearish

Traders should monitor for further insider selling and assess whether this reflects broader concerns about valuation or near-term performance. The magnitude is notable for a company of this size and may signal reduced confidence from top executives.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
EOLS ▲ +36.46% at T+60d
SHORT call ✗ call lost -36.46% · α vs SPY -26.60% · entry $4.91 → $6.70
Entry = T+0 close
Mar 16, 2026
via day close
T+1d
-1.63%
call +1.63% · α +0.23%
$4.83
settled 7mo ago
T+5d
-9.78%
call +9.78% · α +7.12%
$4.43
settled 7mo ago
T+20d
-5.70%
call +5.70% · α +10.00%
$4.63
settled 7mo ago
T+60d
+36.46%
call -36.46% · α -26.60%
$6.70
settled 5mo ago

Price Chart

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Executive Summary

Two Evolus insiders, David Moatazedi and Rui Avelar, conducted a series of open-market share sales totaling $797,936 over three days, following the exercise of stock options. The sales represent a coordinated divestment by key executives, with no offsetting purchases.

Key Financial Metrics

Direction
selling
Total Value
$797.9K
Insiders
2

Key Facts

  • David Moatazedi sold 130,389 shares in open-market transactions for $635,491 (after exercising 134,978 options at $0).
  • Rui Avelar sold 33,115 shares in open-market transactions for $161,445 (after exercising 17,608 options at $0).
  • Total open-market sales: $797,936 across 7 days.
  • Total insider sales represent approximately 0.25% of Evolus's $316M market cap.
  • All transactions were reported under 'See Remarks' with standard Form 4 footnotes indicating option exercises and sales to cover taxes and for personal financial planning.

Financial Impact

$797,936 in net insider selling over 7 days

insider ownershipinvestor sentimentpotential dilution from exercised options

Risk Factors

  • Perception of insider pessimism despite no explicit negative commentary.
  • Potential for follow-on selling or lack of support at current price levels.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (8 trades, 7d window)cluster-EOLS-1774048775330
8 reports for EOLS
Performance horizon
100% Hit rate @ T+1 3 of 3 directional calls Went positive at some point 3 of 3 best @ T+60▲ +17.82%Jul 8, 2026
Filters
Rows
Reports for EOLS — sortable, filterable
TypeNow
Aug 13, 2026
10w ago
Institutional Cluster
BULLISH ★ 5/10
$8.02 $8.16▲ +1.68%▲ +1.88%$7.17 (−10.60%)
Aug 4, 2026
11w ago
8-K
NEUTRAL ★ 4/10
$6.12 $6.18▲ +0.98%▲ +1.18%$7.17 (+17.16%)
Jul 8, 2026
15w ago
8-K
BULLISH ★ 6/10
$6.79 $6.85▲ +0.88%▲ +0.04%$7.17 (+5.60%)
Jun 15, 2026
19w ago
EFFECT
NEUTRAL ★ 3/10
$6.75 $6.63▼ −1.78%▼ −1.18%$7.17 (+6.22%)
Jun 5, 2026
20w ago
S-3
NEUTRAL ★ 3/10
$6.68 $6.70▲ +0.30%▲ +0.59%$7.17 (+7.34%)
Apr 29, 2026
25w ago
DEFA14A
NEUTRAL ★ 3/10
$5.18 $5.39▲ +4.05%▲ +3.03%$7.17 (+38.42%)
Mar 17, 2026
32w ago
Insider Cluster
BEARISH ★ 6/10
$4.91 $4.83▲ +1.63%▲ +0.23%$7.17 (−46.03%)
Mar 17, 2026
32w ago
Insider Cluster
BEARISH ★ 7/10
$4.91 $4.83▲ +1.63%▲ +0.23%$7.17 (−46.03%)
Showing 8 of 8

US Market Status

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Report published Mar 20, 2026