Insider selling is immaterial and routine. No actionable signal for traders. Monitor upcoming quarterly earnings for any fundamental changes, but this cluster provides no edge.
Price Chart
Executive Summary
Two Edwards Lifesciences executives sold a combined $133K in open-market sales over the past week, a trivial 0.0003% of the company's $44.4B market cap. The cluster also includes routine non-cash derivative exercises and tax withholding transactions by the CEO and other officers, which carry no economic signal. The selling is immaterial relative to company size and likely reflects routine portfolio management.
Key Financial Metrics
Key Facts
- Total open-market sales by two C-suite executives: $133K (0.0003% of market cap)
- CEO Bernard Zovighian gifted 32,129 shares ($0 value) and exercised derivatives (non-cash) but made no open-market purchases
- CFO Scott Ullem and other officers exercised derivatives and surrendered shares for tax withholding — all non-cash events
- No insider buying detected in the cluster
- Prior 30-day insider activity showed only 1 sale totaling $66K
Financial Impact
Total open-market selling of $133K is negligible relative to $44.4B market cap
Risk Factors
- Insider selling could accelerate if fundamentals deteriorate, but current levels are noise
- Historical calibration shows high win rate (83%) on prior EW reports but low impact scores — consistent with routine filings
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-1778619381486 |
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% | $85.15 (−6.16%) |
Aug 28, 2026 5w ago | Insider Cluster | $90.21 $86.29 | ▼ −4.35% | ▼ −4.85% | $85.15 (−5.61%) |
Aug 26, 2026 5w ago | Insider Cluster | $89.95 $85.47 | ▼ −4.99% | ▼ −4.88% | $85.15 (−5.34%) |
Aug 10, 2026 7w ago | Court Ruling | $91.94 $86.72 | ▼ −5.67% | ▼ −4.76% | $85.15 (−7.38%) |
Jul 30, 2026 9w ago | Insider Cluster | $86.07 $90.21 | ▲ +4.81% | ▲ +1.82% | $85.15 (−1.07%) |
Jul 28, 2026 9w ago | Insider Cluster | $85.76 $90.78 | ▲ +5.85% | ▲ +0.83% | $85.15 (−0.71%) |
May 29, 2026 18w ago | Insider Cluster | $88.17 $91.18 | ▲ +3.42% | ▲ +5.73% | $85.15 (−3.42%) |
May 18, 2026 19w ago | Insider Cluster | $82.11 $88.58 | ▲ +7.88% | ▲ +5.62% | $85.15 (+3.71%) |
May 18, 2026 19w ago | Insider Cluster | $82.11 $88.58 | ▲ +7.88% | ▲ +5.62% | $85.15 (+3.71%) |
May 8, 2026 21w ago | 8-K | $77.08 $87.54 | ▲ +13.57% | ▲ +13.88% | $85.15 (+10.47%) |
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