This insider selling cluster is routine and immaterial relative to GLUE's $2.1B market cap. The sales are likely liquidity-driven (vesting/exercise-related) and carry no bearish signal. Monitor next quarterly filing for pipeline updates on the company's lead programs, which are the primary value drivers for this clinical-stage biotech.
Price Chart
Executive Summary
President & CEO Markus Warmuth and COO Jennifer Champoux sold a combined $322K in open-market sales over two days, with Champoux also exercising derivatives. At a $2.1B market cap, the sales represent ~0.015% of market cap — well below the 0.1% materiality threshold, making this a routine liquidity-driven event. The cluster is not informative per academic literature, as insider sales are weak predictors and the dollar amounts are trivial relative to company size.
Key Financial Metrics
Key Facts
- President & CEO Markus Warmuth sold 9,500 shares at $23.18 for $220,219 on 2026-07-16
- COO Jennifer Champoux sold 4,351 shares at $23.38 for $101,730 on 2026-07-15
- Champoux also exercised derivative securities for 4,351 shares at $3.98 ($17,317) and 4,351 shares at $0 (non-cash)
- Total open-market sales: $321,948, representing ~0.015% of $2.1B market cap
- No open-market purchases in the cluster
Financial Impact
Total insider sales of $322K, or ~0.015% of market cap — immaterial
Risk Factors
- Insider selling could increase if the stock continues to appreciate, but current levels are trivial
- No bearish signal from this cluster — the primary risk remains clinical trial outcomes
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GLUE-1784355138398 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 25d ago | 8-K | $11.26 | awaiting T+60 | — | $10.41 (−7.55%) |
Sep 30, 2026 25d ago | Press Release | $11.26 | awaiting T+60 | — | $10.41 (−7.55%) |
Aug 6, 2026 11w ago | 8-K | $15.71 | awaiting T+60 | — | $10.41 (−33.74%) |
Jul 17, 2026 14w ago | Insider Cluster | $23.48 $9.89 | ▼ −57.88% | ▼ −62.72% | $10.41 (−55.66%) |
Jul 7, 2026 15w ago | Insider Cluster | $24.06 $11.93 | ▼ −50.42% | ▼ −52.73% | $10.41 (−56.73%) |
Jul 1, 2026 16w ago | Insider Cluster | $24.21 $11.72 | ▼ −51.59% | ▼ −54.60% | $10.41 (−57.00%) |
Jul 1, 2026 16w ago | Insider Cluster | $24.21 $11.72 | ▼ −51.59% | ▼ −54.60% | $10.41 (−57.00%) |
Jun 29, 2026 16w ago | 144 | $24.20 $11.89 | ▼ −50.87% | ▼ −54.43% | $10.41 (−56.98%) |
Jun 25, 2026 17w ago | Insider Cluster | $22.29 $12.60 | ▼ −43.47% | ▼ −49.56% | $10.41 (−53.30%) |
Jun 2, 2026 20w ago | Insider Cluster | $17.59 $14.32 | ▼ −18.59% | ▼ −21.09% | $10.41 (−40.82%) |
US Market Status
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