The insider sales are routine post-earnings, post-vesting liquidity events with no material bearish signal. Monitor for any follow-on insider buying or additional sales in the next 30 days; the strong Q2 beat and raised guidance remain the dominant narrative. No trade action warranted.
Price Chart
Executive Summary
Two FTDR insiders (SVP & Chief Legal Officer and SVP & Chief Revenue Officer) sold a combined $2.0M in open-market sales within a week of the company's strong Q2 earnings beat and guidance raise. While the sales are modest relative to FTDR's $5.8B market cap (~0.03%), the cluster's proximity to positive earnings news and the CRO's concurrent derivative exercise suggest these are likely liquidity-driven post-vesting sales rather than a bearish signal.
Key Financial Metrics
Key Facts
- Two FTDR insiders sold a total of $2.0M in open-market shares on August 10, 2026.
- SVP & Chief Legal Officer Fiarman sold 13,000 shares at $85.11 for $1.11M.
- SVP & Chief Revenue Officer Collins sold 10,000 shares at $88.98 for $890K, after exercising derivatives (10,000 shares at $26.42 for $264K and 10,000 shares at $0).
- Sales occurred 4 days after FTDR reported Q2 2026 earnings (revenue up 5% to $645M, EPS up 19% to $1.76) and raised full-year guidance.
- Total insider sales ($2.0M) represent ~0.03% of FTDR's $5.8B market cap — well below the 0.1% materiality threshold.
Financial Impact
Insider sales of $2.0M represent ~0.03% of market cap — trivial relative to company size.
Risk Factors
- Insiders may continue selling if the stock appreciates further, creating overhang.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FTDR-1786565072135 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 12, 2026 10w ago | Insider Cluster | $84.66 $81.94 | ▲ +3.21% | ▲ +1.25% | $83.93 (+0.86%) |
Aug 12, 2026 10w ago | Insider Cluster | $84.66 $81.94 | ▼ −3.21% | ▼ −1.25% | $83.93 (−0.86%) |
Aug 10, 2026 11w ago | 144 | $83.58 $82.92 | ▼ −0.78% | ▼ −0.38% | $83.93 (+0.42%) |
Aug 6, 2026 11w ago | 8-K | $89.92 $84.66 | ▼ −5.85% | ▼ −7.06% | $83.93 (−6.66%) |
Jun 29, 2026 17w ago | 8-K | $77.59 $79.07 | ▲ +1.91% | ▲ +1.30% | $83.93 (+8.17%) |
Apr 30, 2026 25w ago | 8-K | $68.63 $66.12 | ▼ −3.66% | ▼ −5.38% | $83.93 (+22.29%) |
Mar 30, 2026 30w ago | DEFA14A | $52.86 $57.02 | ▲ +7.87% | ▲ +3.93% | $83.93 (+58.78%) |
Feb 26, 2026 34w ago | 8-K | $65.76 $68.13 | ▲ +3.60% | ▲ +4.73% | $83.93 (+27.63%) |
US Market Status
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