Insider sales are trivial in dollar amount and the cluster is not predictive per the academic literature (Alldredge 2019). No actionable signal — this is routine liquidity-based selling. Monitor upcoming quarterly filing for business trajectory.
Price Chart
Executive Summary
CFO Kate Suhadolnik and another insider sold a combined $8.2K in open-market sales over two days around $0.92-$0.93, representing roughly 0.03% of the $28M market cap. The dollar amount is trivial relative to company size, and the cluster of sales is not predictive per the academic literature.
Key Financial Metrics
Key Facts
- CFO Kate Suhadolnik sold 1,735 shares on May 21 at $0.9181 and 1,922 shares on May 22 at $0.9346, total ~$3.4K
- Kelly F. Goodman sold 2,482 shares on May 21 at $0.9181 and 2,751 shares on May 22 at $0.9346, total ~$4.8K
- Combined open-market sales of ~$8.2K represent approximately 0.03% of GWH's $28M market cap
- The cluster comprises only 2 insiders, both selling; no insider purchases were made
- Historical reports on GWH show a negative average call P&L at T+20 (-7.69%), suggesting the stock tends to underperform after analyst attention
Financial Impact
Total insider sales of approximately $8,239 — immaterial relative to $28M market cap (0.03%)
Risk Factors
- Stock is micro-cap ($28M) with limited liquidity — even small trades can move the price
- Both insiders sold at similar prices, but dollar amounts are far too small to signal deterioration
- Historical analysis shows GWH reports have been followed by negative returns (-7.69% avg T+20) — anchoring bias possible
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GWH-1779836382312 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 6w ago | 424B5 | $0.4047 $0.3504 | ▲ +13.42% | ▲ +13.89% | $0.1570 (+61.21%) |
Jul 2, 2026 13w ago | 25-NSE | $0.8630 $0.8244 | ▲ +4.47% | ▲ +5.40% | $0.1570 (+81.81%) |
Jun 15, 2026 15w ago | 8-K | $0.8000 $0.7401 | ▲ +7.49% | ▲ +6.10% | $0.1570 (+80.37%) |
May 26, 2026 18w ago | Insider Cluster | $0.9840 $0.9800 | ▼ −0.41% | ▼ −1.61% | $0.1570 (−84.04%) |
May 26, 2026 18w ago | Insider Cluster | $0.9840 $0.9800 | ▼ −0.41% | ▼ −1.61% | $0.1570 (−84.04%) |
May 26, 2026 18w ago | Insider Cluster | $0.9840 $0.9200 | ▼ −6.50% | ▼ −6.97% | $0.1570 (−84.04%) |
May 7, 2026 21w ago | 8-K | $0.0156 $0.0125 | ▲ +19.87% | ▲ +21.34% | $0.1570 (−906.41%) |
Apr 15, 2026 24w ago | DEFA14A | — | awaiting T+5 | — | — |
Apr 15, 2026 24w ago | 8-K | — | awaiting T+5 | — | — |
Mar 5, 2026 30w ago | 8-K | $1.30 $1.27 | ▼ −2.31% | ▼ −0.78% | $0.1570 (−87.92%) |
US Market Status
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