The insider sales are negligible relative to company size and involve only directors, not executives. No bearish signal here. Monitor for any C-suite open-market sales or a material increase in volume that would exceed 0.1% of market cap.
Price Chart
Executive Summary
Two directors of ImmunityBio sold a combined ~$2.7M in open-market stock this week, following derivative exercises. The total sales represent only ~0.027% of the company's $9.9B market cap, making the cluster economically trivial and routine. No C-suite insiders participated, and the pattern suggests standard tax-related diversification rather than informed selling.
Key Financial Metrics
Key Facts
- Director Cheryl Cohen sold 131,210 shares at ~$9.50 for $1.25M on 2026-07-02
- Director Christobel Selecky sold 159,478 shares at ~$9.02 for $1.44M on 2026-07-01, plus 1,000 shares at $9.00 for $9K on 2026-06-30
- Total open-market sales: ~$2.7M, or 0.027% of market cap
- Both directors exercised derivative securities (options) prior to selling, a common pattern for tax withholding
- No C-suite officers (CEO, CFO, etc.) were involved in any trades
Financial Impact
Total insider sales of approximately $2.7M, representing 0.027% of the company's $9.9B market capitalization
Risk Factors
- No material risk from this cluster given the small size and non-executive participation
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-IBRX-1783408251596 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 13d ago | 8-K | $10.00 | awaiting T+60 | — | $8.63 (−13.70%) |
Aug 4, 2026 12w ago | 8-K | $6.95 | awaiting T+60 | — | $8.63 (+24.17%) |
Jul 6, 2026 16w ago | Insider Cluster | $8.76 $9.44 | ▲ +7.76% | ▲ +5.77% | $8.63 (−1.48%) |
Jul 1, 2026 16w ago | Insider Cluster | $9.44 $8.52 | ▼ −9.75% | ▼ −12.54% | $8.63 (−8.58%) |
May 18, 2026 23w ago | 8-K | $7.76 $7.65 | ▼ −1.42% | ▼ −7.71% | $8.63 (+11.21%) |
Apr 9, 2026 28w ago | 8-K | $7.48 $8.91 | ▲ +19.12% | ▲ +8.34% | $8.63 (+15.37%) |
Apr 6, 2026 29w ago | 8-K | $7.08 $9.20 | ▲ +29.94% | ▲ +16.47% | $8.63 (+21.89%) |
Feb 28, 2026 34w ago | Institutional Cluster | $10.44 $7.92 | ▼ −24.14% | ▼ −33.46% | $8.63 (−17.34%) |
US Market Status
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