Insider Cluster (3 insiders) ·Filed Aug 12, 2026

ICUI

ICU MEDICAL INC/DE
NEUTRAL
Impact 4/10
Horizondays Processed1mo ago
Insider cluster: 3 insiders, $2.1M total
Actionable Insight • Neutral

The cluster sale by two C-suite executives on consecutive days is notable but the dollar amount is trivial relative to market cap. Monitor for any upcoming 8-K filings (earnings, guidance, or material agreements) that could explain the timing. If no negative catalyst emerges, the sales are likely routine portfolio diversification.

DirectionNeutral
Confidencemedium
Horizondays
Latest settled — T+20d ⚠ clustered
ICUI ▼ -12.31% at T+20d
NEUTRAL call ✗ call lost -12.31% · α vs SPY -10.41% · entry $179.34 → $157.26
Next anchor: T+60d in 5w
Latest observation: T+33 -18.21% FF3 residual α
Entry anchored
Aug 11, 04:00 PM ET
via 1-min bar
T+1d
+2.10%
call +2.10% · α +1.40%
$183.11
settled 7w ago
T+5d
+4.42%
call +4.42% · α +4.86%
$187.26
settled 6w ago
T+20d
-12.31%
call -12.31% · α -10.41%
$157.26
settled 23d ago
T+60d
—
call — · α —
—
in 5w

Price Chart

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Executive Summary

Three ICUI insiders sold a total of $2.1M in shares over a 2-day window, led by the COO ($1.6M) and CIO ($401K). While the dollar amount is modest relative to ICUI's $4.6B market cap (0.05%), the cluster includes two C-suite executives selling on consecutive days, which warrants attention. The sales are not part of a clear 10b5-1 pattern based on the data provided.

Key Financial Metrics

Direction
selling
Total Value
$2.1M
Insiders
3

Key Facts

  • COO Christian Voigtlander sold 8,929 shares for $1.63M on 2026-08-11
  • CIO Ben Sousa sold 2,250 shares for $401K on 2026-08-12
  • Director Elisha Finney sold 378 shares for $69K on 2026-08-11
  • Total insider sales of $2.1M represent ~0.05% of ICUI's $4.6B market cap
  • No insider open-market purchases were reported in the cluster

Financial Impact

$2.1M in insider sales, representing 0.05% of market cap

insider ownership

Risk Factors

  • Insider sales could precede negative company news not yet public
  • C-suite selling may signal management's view that shares are fairly valued or overvalued at current levels

Market Snapshot

Exchange
Nasdaq
Sector
Surgical & Medical Instruments & Apparatus
Analyst Consensus
92% bullish (13 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ICUI-1786612431608
6 reports for ICUI
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for ICUI — sortable, filterable
TypeNow
Sep 3, 2026
28d ago
Insider Cluster
NEUTRAL ★ 4/10
$167.58 $157.60▼ −5.96%▼ −4.75%$160.05 (−4.49%)
Aug 13, 2026
7w ago
Insider Cluster
BEARISH ★ 5/10
$182.98 $182.84▲ +0.08%▼ −1.29%$160.05 (+12.53%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 4/10
$179.34 $187.26▲ +4.42%▲ +4.86%$160.05 (−10.75%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$179.34 $187.26▲ +4.42%▲ +4.86%$160.05 (−10.75%)
May 15, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$118.72 $133.31▲ +12.29%▲ +11.33%$160.05 (+34.82%)
Apr 23, 2026
23w ago
Press Release
NEUTRAL ★ 3/10
$124.55 $115.45▼ −7.31%▼ −8.78%$160.05 (+28.51%)
Showing 6 of 6

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Report published Aug 13, 2026