The cluster of two senior officers selling within a week is a modest negative signal, but the dollar amount is too small to be material. Monitor for any 8-K filings or press releases in the next 2-4 weeks that could explain the timing. If the CFO continues selling at this pace, it would escalate the signal.
Price Chart
Executive Summary
Two C-suite insiders at ICU Medical (CFO and VP/General Counsel) sold a combined $1.49M in open-market sales over a 5-day window. The CFO's $1.12M sale is the largest single trade. While the dollar amount is modest relative to the $4.2B market cap (~0.035%), the cluster of two senior officers selling within days of each other is notable, especially given the company's strong analyst consensus (92% bullish) and the historical calibration showing this cluster pattern as an AMPLIFIER. The sales are likely routine diversification, but the timing warrants monitoring for any upcoming corporate events.
Key Financial Metrics
Key Facts
- CFO Brian Bonnell sold 6,381 shares at $175 for $1.12M on 2026-09-01
- VP/General Counsel Virginia Sanzone sold 4,856 shares across four trades totaling $819K on 2026-09-03
- Total cluster value: $1.49M, representing ~0.035% of ICUI's $4.2B market cap
- All trades are open-market sales (code S) — no 10b5-1 plan indicated
- 92% of analysts rate ICUI as Buy or Strong Buy
Financial Impact
$1.49M in insider sales over 5 days, ~0.035% of market cap
Risk Factors
- Insider sales could precede negative news (though amount is small)
- CFO selling near $175 may indicate stock is fully valued near recent highs
- No 10b5-1 plan disclosed — sales are discretionary
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ICUI-1788476482122 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 28d ago | Insider Cluster | $167.58 $157.60 | ▼ −5.96% | ▼ −4.75% | $160.05 (−4.49%) |
Aug 13, 2026 7w ago | Insider Cluster | $182.98 $182.84 | ▲ +0.08% | ▼ −1.29% | $160.05 (+12.53%) |
Aug 12, 2026 7w ago | Insider Cluster | $179.34 $187.26 | ▲ +4.42% | ▲ +4.86% | $160.05 (−10.75%) |
Aug 11, 2026 7w ago | Insider Cluster | $179.34 $187.26 | ▲ +4.42% | ▲ +4.86% | $160.05 (−10.75%) |
May 15, 2026 20w ago | Insider Cluster | $118.72 $133.31 | ▲ +12.29% | ▲ +11.33% | $160.05 (+34.82%) |
Apr 23, 2026 23w ago | Press Release | $124.55 $115.45 | ▼ −7.31% | ▼ −8.78% | $160.05 (+28.51%) |
US Market Status
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