The cluster of open-market sales by a director and the chief legal officer, without 10b5-1 plan disclosure, is a bearish signal. Monitor for upcoming earnings or material corporate developments that may have prompted the selling.
Price Chart
Executive Summary
Two insiders at HawkEye 360 sold a combined $1.12M in open-market sales within a week. Director Arthur Money exercised and sold 50,000 shares for $821K, and Chief Legal Officer Michael Turner sold 18,300 shares for $296K. The sales are material relative to the company's market cap and lack 10b5-1 plan indications, suggesting informed selling ahead of potential negative news.
Key Financial Metrics
Key Facts
- Director Arthur Money sold 50,000 shares at $16.41 for $821K on 2026-09-11
- Chief Legal Officer Michael Turner sold 18,300 shares at $16.24 for $296K on 2026-09-16
- Total insider sales of $1.12M represent approximately 0.34% of market cap ($326M)
- Neither sale indicates a 10b5-1 plan or routine pattern
- Money's sale followed a same-day derivative exercise at $0.23 per share, netting a large profit
Financial Impact
Insider sales of $1.12M, approximately 0.34% of market cap
Risk Factors
- Potential undisclosed negative news or operational deterioration
- Further insider selling could accelerate
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HAWK-1789709509879 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 17, 2026 5w ago | Insider Cluster | $16.27 $12.44 | ▲ +23.54% | ▲ +23.75% | $12.76 (+21.57%) |
Sep 15, 2026 5w ago | Press Release | $16.49 $12.98 | ▼ −21.29% | ▼ −24.26% | $12.76 (−22.62%) |
Aug 18, 2026 9w ago | Press Release | $21.89 $16.37 | ▼ −25.24% | ▼ −24.25% | $12.76 (−41.71%) |
Jun 22, 2026 18w ago | 8-K | $22.28 $18.69 | ▲ +16.11% | ▲ +15.97% | $12.76 (+42.73%) |
May 21, 2026 22w ago | 8-K | $29.63 $22.23 | ▼ −24.99% | ▼ −25.32% | $12.76 (−56.94%) |
May 7, 2026 24w ago | EFFECT | $34.00 $25.91 | ▼ −23.79% | ▼ −26.93% | $12.76 (−62.47%) |
May 6, 2026 24w ago | 3 | $34.00 $25.91 | ▼ −23.79% | ▼ −26.93% | $12.76 (−62.47%) |
May 6, 2026 24w ago | 3 | $34.00 $25.91 | ▼ −23.79% | ▼ −26.93% | $12.76 (−62.47%) |
May 6, 2026 24w ago | 3 | $34.00 $25.91 | ▼ −23.79% | ▼ −26.93% | $12.76 (−62.47%) |
May 6, 2026 24w ago | 3 | $34.00 $25.91 | ▼ −23.79% | ▼ −26.93% | $12.76 (−62.47%) |
US Market Status
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