The concurrent selling by the CEO, CFO, and a director — despite no insider buying — is a cautionary signal. While the dollar amount is not overwhelming, the cluster of senior insiders reducing exposure suggests limited near-term upside conviction. Monitor for any upcoming earnings pre-announcement or guidance revision that could explain the timing.
Price Chart
Executive Summary
Three ICHR insiders (CEO, CFO, and a director) sold a combined $3.85M in open-market shares over a 7-day window, representing ~0.15% of the company's $2.5B market cap. The CEO's sale followed a derivative exercise, and the CFO's sale was a tax-withholding event. While the dollar amount is modest relative to market cap, the cluster of senior executives selling concurrently warrants attention, especially given the stock's recent strength.
Key Financial Metrics
Key Facts
- CEO Philip Ryan Barros sold 13,705 shares for $962K on June 4, 2026, after exercising options.
- Director Laura A. Black sold 20,000 shares for $1.5M on June 2, 2026.
- CFO Greg Swyt sold 19,700 shares for $1.38M on May 28, 2026 (includes tax-withholding component).
- Total insider selling of $3.85M represents ~0.15% of ICHR's $2.5B market cap.
- No insider purchases were reported in the cluster window.
Financial Impact
Total insider selling of $3.85M, or ~0.15% of market cap — modest but notable for a cluster of top executives.
Risk Factors
- Insider selling may signal management's view that the stock is fully valued or that near-term headwinds exist.
- The stock has rallied significantly recently (up ~12% on May 19), and insiders may be taking profits ahead of a pullback.
- No insider buying to offset the selling reduces confidence in management's bullish outlook.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ICHR-1780699717850 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | Insider Cluster | $62.44 $51.57 | ▲ +17.41% | ▲ +17.27% | $38.06 (+39.05%) |
Sep 16, 2026 5w ago | Insider Cluster | $52.96 $56.47 | ▲ +6.64% | ▲ +5.79% | $38.06 (−28.13%) |
Sep 8, 2026 6w ago | Insider Cluster | $57.88 $51.42 | ▲ +11.16% | ▲ +10.07% | $38.06 (+34.24%) |
Jul 17, 2026 14w ago | 144 | $83.69 $86.55 | ▲ +3.42% | ▲ +3.84% | $38.06 (−54.52%) |
Jun 9, 2026 19w ago | Insider Cluster | $72.17 $85.77 | ▼ −18.84% | ▼ −15.41% | $38.06 (+47.26%) |
Jun 5, 2026 20w ago | Insider Cluster | $66.75 $89.47 | ▼ −34.04% | ▼ −31.93% | $38.06 (+42.98%) |
Jun 2, 2026 20w ago | 144 | $72.45 $72.17 | ▼ −0.39% | ▲ +3.43% | $38.06 (−47.47%) |
Jun 2, 2026 20w ago | Insider Cluster | $72.45 $72.17 | ▼ −0.39% | ▲ +3.43% | $38.06 (−47.47%) |
May 19, 2026 22w ago | Insider Cluster | $65.76 $73.74 | ▲ +12.13% | ▲ +10.90% | $38.06 (−42.12%) |
May 19, 2026 22w ago | 144 | $65.76 $73.74 | ▲ +12.13% | ▲ +10.90% | $38.06 (−42.12%) |
US Market Status
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