The cluster is small in dollar terms and involves only directors, not operating executives. Without C-suite participation or a material percentage of market cap, this is likely routine portfolio diversification. Monitor next Form 4 filings for any officer selling that would carry a stronger signal.
Price Chart
Executive Summary
Two ICON PLC directors sold a combined $1.45M in open-market transactions on September 17, 2026, at ~$175/share. The sales are modest relative to market cap and lack C-suite participation, reducing their informational value.
Key Financial Metrics
Key Facts
- Two directors sold a total of 8,300 shares for $1.45M at ~$175/share on 2026-09-17.
- No C-suite officers (CEO, CFO, COO) participated in the selling.
- Sales are open-market (code S) with no 10b5-1 plan indicated.
- Total value of $1.45M is approximately 0.003% of ICON's ~$47B market cap — well below the 0.1% materiality threshold.
Financial Impact
Sales of $1.45M represent ~0.003% of market cap — trivial relative to company size.
Risk Factors
- If additional insider sales emerge in coming weeks, the pattern could indicate broader bearish sentiment among insiders.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ICLR-1789726128586 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 6-K | $195.00 | awaiting T+1 | — | $182.98 (+6.16%) |
Oct 27, 2026 today | 6-K | $192.39 | awaiting T+1 | — | $182.98 (+4.89%) |
Oct 8, 2026 19d ago | 6-K | $164.50 $164.17 | ▼ −0.20% | ▼ −0.80% | $182.98 (+11.23%) |
Sep 18, 2026 5w ago | Insider Cluster | $164.11 $169.55 | ▼ −3.31% | ▼ −1.76% | $182.98 (−11.50%) |
Aug 20, 2026 9w ago | 6-K | $174.27 $172.23 | ▼ −1.17% | ▼ −1.58% | $182.98 (+5.00%) |
Aug 12, 2026 10w ago | Insider Cluster | $167.48 $163.15 | ▼ −2.59% | ▼ −2.39% | $182.98 (+9.25%) |
Aug 12, 2026 10w ago | Insider Cluster | $167.48 $163.15 | ▼ −2.59% | ▼ −2.39% | $182.98 (+9.25%) |
Aug 6, 2026 11w ago | 6-K | $161.17 $164.51 | ▲ +2.07% | ▲ +1.46% | $182.98 (+13.53%) |
Jul 30, 2026 12w ago | 6-K | $165.53 $163.57 | ▲ +1.19% | ▲ +1.89% | $182.98 (−10.54%) |
Jul 22, 2026 13w ago | 6-K | $167.28 $170.32 | ▲ +1.82% | ▲ +3.05% | $182.98 (+9.39%) |
US Market Status
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