No actionable signal from this insider cluster. The dollar amounts are too small relative to market cap to indicate any material concern. Monitor for upcoming earnings or corporate events that could provide context, but this filing alone does not warrant a trading response.
Price Chart
Executive Summary
Four insiders at indie Semiconductor sold a total of $678K in shares over a 7-day window, including the CEO ($563K), COO ($155K), CFO ($86K), and a director ($8K). However, this represents only ~0.07% of the company's $935M market cap — a trivial amount that falls well below the materiality threshold. Insider sales at this scale are routine and carry no predictive signal, especially given the academic finding that cluster sales are not more informative than non-cluster sales.
Key Financial Metrics
Key Facts
- CEO Donald McClymont sold 126,496 shares for $563,072 on July 2, 2026.
- COO Michael Wittmann sold 36,457 shares total ($155,674) across two trades on July 2 and July 6.
- CFO Naixi Wu sold 19,640 shares for $85,913 on July 2.
- Director Thomas Schiller sold 1,833 shares for $8,159 on July 2.
- Total insider sales of $678K represent only 0.07% of INDI's $935M market cap.
Financial Impact
Negligible — $678K in sales is 0.07% of market cap, well below the 0.1% threshold for materiality.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-INDI-1783548070267 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $3.57 $2.93 | ▼ −18.07% | ▼ −17.74% | $3.01 (−15.69%) |
Sep 1, 2026 4w ago | Insider Cluster | $3.57 $2.93 | ▼ −18.07% | ▼ −17.98% | $3.01 (−15.69%) |
Aug 21, 2026 5w ago | Insider Cluster | $3.92 $3.20 | ▼ −18.37% | ▼ −19.68% | $3.01 (−23.21%) |
Aug 19, 2026 6w ago | Insider Cluster | $4.01 $3.13 | ▼ −21.85% | ▼ −19.90% | $3.01 (−24.84%) |
Jul 8, 2026 12w ago | Insider Cluster | $4.71 $3.43 | ▼ −27.18% | ▼ −29.42% | $3.01 (−36.09%) |
Jul 6, 2026 12w ago | Insider Cluster | $4.12 $3.39 | ▼ −17.72% | ▼ −19.05% | $3.01 (−26.94%) |
Jun 22, 2026 14w ago | 8-K | $3.71 $3.77 | ▲ +1.62% | ▲ +0.46% | $3.01 (−18.87%) |
Jun 5, 2026 16w ago | Insider Cluster | $4.47 $4.63 | ▲ +3.58% | ▲ +1.95% | $3.01 (−32.66%) |
Jun 3, 2026 17w ago | Insider Cluster | $4.80 $4.33 | ▼ −9.79% | ▼ −8.42% | $3.01 (−37.29%) |
Apr 17, 2026 23w ago | DEFA14A | $3.39 $3.91 | ▲ +15.34% | ▲ +11.14% | $3.01 (−11.21%) |
US Market Status
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