Insider selling is immaterial in size relative to market cap and likely liquidity/option-exercise driven. With the company's 64% analyst bullish rating and no accompanying bearish corporate filings, this cluster carries no actionable trade signal. Ignore the selling and monitor next earnings for fundamental signals.
Price Chart
Executive Summary
Two FELE insiders—the President of Headwater Companies and the Chief Administrative Officer—sold a combined $603K in open-market shares over a five-day window, with the CAO's sale coming immediately after a derivative exercise. At $4.4B market cap, the sales represent ~0.014% of market cap, a trivial amount that falls well below any materiality threshold. Director grants are non-cash stock awards of negligible value and carry no trading signal.
Key Financial Metrics
Key Facts
- President (Headwater) sold 1,900 shares for $190K on May 26.
- CAO Jonathan M. Grandon exercised options on 4,200 shares at $42.20, then sold those shares on May 22 for $412.6K.
- Total open-market sales: $602.6K, representing ~0.014% of FELE's $4.4B market cap.
- Four directors received minor stock grants totaling ~$15.9K — non-cash, routine compensation.
- Historical cluster reports on FELE had a 20% T+20 win rate and average negative alpha, suggesting prior bullish reads were over-scored.
Financial Impact
Open-market insider sales of ~$603K, or 0.014% of market cap — economically trivial.
Risk Factors
- If a future negative corporate event materializes, these sales could be viewed as opportunistic in hindsight, though the small dollar amounts argue against that interpretation.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FELE-1779902547381 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 28, 2026 9w ago | 8-K | $109.71 $101.82 | ▼ −7.19% | ▼ −10.57% | $98.65 (−10.08%) |
May 27, 2026 18w ago | Insider Cluster | $101.16 $108.88 | ▲ +7.63% | ▲ +9.53% | $98.65 (−2.48%) |
May 4, 2026 21w ago | 8-K | $98.62 $97.44 | ▼ −1.19% | ▼ −6.84% | $98.65 (+0.03%) |
Apr 30, 2026 22w ago | Insider Cluster | $99.91 $99.09 | ▼ −0.82% | ▼ −5.79% | $98.65 (−1.26%) |
Apr 28, 2026 22w ago | 8-K | $101.59 $101.16 | ▼ −0.42% | ▼ −5.88% | $98.65 (−2.89%) |
Apr 28, 2026 22w ago | 8-K | $102.76 $100.65 | ▼ −2.06% | ▼ −7.53% | $98.65 (−4.00%) |
Apr 28, 2026 22w ago | Press Release | $102.76 $100.65 | ▼ −2.06% | ▼ −7.53% | $98.65 (−4.00%) |
Apr 27, 2026 22w ago | Press Release | $103.21 $100.65 | ▼ −2.48% | ▼ −7.44% | $98.65 (−4.42%) |
Apr 14, 2026 24w ago | Press Release | $102.81 $99.01 | ▼ −3.70% | ▼ −10.00% | $98.65 (−4.05%) |
Mar 25, 2026 27w ago | DEFA14A | $93.16 $101.61 | ▲ +9.07% | ▲ +1.21% | $98.65 (+5.89%) |
US Market Status
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