Insider Cluster (7 insiders) ·Filed Mar 2, 2026

INDI

indie Semiconductor, Inc.
BEARISH
Impact 5/10
Horizondays Processed7mo ago
Insider cluster: 4 insiders, $0.4M total
Actionable Insight ▼ Bearish

Monitor for upcoming earnings or guidance changes; concentrated C-suite selling may indicate lack of confidence, especially given the timing and participation of top executives. Compare with prior quarters' insider activity to assess abnormality.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
INDI ▲ +49.12% at T+60d
SHORT call ✗ call lost -49.12% · α vs SPY -39.79% · entry $3.40 → $5.07
Entry anchored
Feb 27, 03:59 PM ET
via exchange tick
T+1d
-7.06%
call +7.06% · α +6.14%
$3.16
settled 7mo ago
T+5d
-23.82%
call +23.82% · α +22.62%
$2.59
settled 7mo ago
T+20d
-10.29%
call +10.29% · α +2.36%
$3.05
settled 6mo ago
T+60d
+49.12%
call -49.12% · α -39.79%
$5.07
settled 4mo ago

Price Chart

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Executive Summary

Multiple C-suite executives at indie Semiconductor sold shares in a concentrated 7-day window, including CEO Donald McClymont selling $277.5K and COO Michael Wittmann selling $65.8K. These open-market sales totaled $393K, representing 0.07% of market cap, while the majority of transactions were non-cash derivative exercises with no economic impact.

Key Financial Metrics

Direction
selling
Total Value
$393.0K
Insiders
7

Key Facts

  • CEO Donald McClymont sold $277,527 worth of shares in open-market transactions
  • CFO Wu Naixi and President Aoki Ichiro also conducted open-market sales totaling $38,927 combined
  • COO Michael Wittmann sold $65,841 in shares
  • Total open-market sales by insiders: $393K over 7 days
  • Seven non-cash derivative exercises occurred (codes M), totaling $0 in economic value
  • All sales occurred at prices between $2.53 and $3.56 per share

Financial Impact

$393,000 in insider selling over 7 days, 0.07% of $577M market cap

insider sentimentshareholder confidence

Risk Factors

  • Perception of negative insider sentiment due to coordinated executive selling
  • Potential for downward pressure on stock if more selling follows or if no positive catalyst emerges

Market Snapshot

Exchange
Nasdaq

Investment Themes

Semiconductors

Documents Analyzed

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

DocumentAccession Number
CONTEXT: Insider Cluster Data (13 trades, 7d window)cluster-INDI-1772755892551
17 reports for INDI
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for INDI — sortable, filterable
TypeNow
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 4/10
$3.57 $2.93▼ −18.07%▼ −17.74%$3.01 (−15.69%)
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 1/10
$3.57 $2.93▼ −18.07%▼ −17.98%$3.01 (−15.69%)
Aug 21, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$3.92 $3.20▼ −18.37%▼ −19.68%$3.01 (−23.21%)
Aug 19, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.01 $3.13▼ −21.85%▼ −19.90%$3.01 (−24.84%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.71 $3.43▼ −27.18%▼ −29.42%$3.01 (−36.09%)
Jul 6, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$4.12 $3.39▼ −17.72%▼ −19.05%$3.01 (−26.94%)
Jun 22, 2026
14w ago
8-K
NEUTRAL ★ 5/10
$3.71 $3.77▲ +1.62%▲ +0.46%$3.01 (−18.87%)
Jun 5, 2026
16w ago
Insider Cluster
NEUTRAL ★ 3/10
$4.47 $4.63▲ +3.58%▲ +1.95%$3.01 (−32.66%)
Jun 3, 2026
17w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.80 $4.33▼ −9.79%▼ −8.42%$3.01 (−37.29%)
Apr 17, 2026
23w ago
DEFA14A
NEUTRAL ★ 3/10
$3.39 $3.91▲ +15.34%▲ +11.14%$3.01 (−11.21%)
Showing 10 of 17

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Report published Mar 6, 2026