This insider cluster is routine and non-informative. The dollar amounts are negligible relative to market cap, and one seller's trades are mechanically linked to a derivative exercise. No trading signal for EW. Monitor for any C-suite open-market sales or purchases, which would carry more weight.
Price Chart
Executive Summary
Two Edwards Lifesciences corporate VPs sold a combined ~$219K in open-market shares on August 26, 2026, at ~$91.50. The sales are trivial relative to EW's $52.4B market cap (~0.0004%), and one seller (Chopra) also exercised and sold shares from a derivative grant on the same day, indicating a routine cashless exercise. This cluster carries no material informational signal.
Key Financial Metrics
Key Facts
- Two corporate VPs (Chopra Daveen and Markowitz Wayne) sold a combined ~$219K in open-market shares on August 26, 2026.
- Chopra Daveen's sales were part of a same-day derivative exercise (31,800 shares at $72.68), consistent with a routine cashless exercise and tax-covering sale.
- Total open-market sales of ~$219K represent ~0.0004% of EW's $52.4B market cap — well below the 0.1% materiality threshold.
- No C-suite executives (CEO, CFO, COO) participated in this cluster.
- The 30-day trailing insider activity shows 6 sells totaling $3.9M, suggesting this is part of a normal pattern of insider sales, not an anomalous cluster.
Financial Impact
~$219K in open-market sales, representing ~0.0004% of market cap — immaterial
Risk Factors
- No material risk identified from this filing; insider sales are routine and immaterial in size.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EW-1787783861924 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 31, 2026 4w ago | Insider Cluster | $90.74 $86.32 | ▼ −4.87% | ▼ −5.19% | $85.54 (−5.73%) |
Aug 28, 2026 5w ago | Insider Cluster | $90.21 $86.29 | ▼ −4.35% | ▼ −4.85% | $85.54 (−5.18%) |
Aug 26, 2026 5w ago | Insider Cluster | $89.95 $85.47 | ▼ −4.99% | ▼ −4.88% | $85.54 (−4.90%) |
Aug 10, 2026 7w ago | Court Ruling | $91.94 $86.72 | ▼ −5.67% | ▼ −4.76% | $85.54 (−6.96%) |
Jul 30, 2026 9w ago | Insider Cluster | $86.07 $90.21 | ▲ +4.81% | ▲ +1.82% | $85.54 (−0.62%) |
Jul 28, 2026 9w ago | Insider Cluster | $85.76 $90.78 | ▲ +5.85% | ▲ +0.83% | $85.54 (−0.26%) |
May 29, 2026 17w ago | Insider Cluster | $88.17 $91.18 | ▲ +3.42% | ▲ +5.73% | $85.54 (−2.98%) |
May 18, 2026 19w ago | Insider Cluster | $82.11 $88.58 | ▲ +7.88% | ▲ +5.62% | $85.54 (+4.18%) |
May 18, 2026 19w ago | Insider Cluster | $82.11 $88.58 | ▲ +7.88% | ▲ +5.62% | $85.54 (+4.18%) |
May 8, 2026 20w ago | 8-K | $77.08 $87.54 | ▲ +13.57% | ▲ +13.88% | $85.54 (+10.98%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access