This cluster is routine liquidity-driven selling—the small absolute dollar amount and lack of C-suite participation indicate no informational signal. No trading action warranted; monitor for any larger insider transactions or a material 8-K that could explain incremental selling.
Price Chart
Executive Summary
Two MWA insiders—a Director and the VP/CAO—collectively sold $367K in open-market transactions over a one-week window. At just ~0.01% of the $3.8B market cap, the dollar value is trivial. Per the asymmetric insider-signal literature, cluster sells are weak predictors even at larger sizes, and this cluster is far below any materiality threshold.
Key Financial Metrics
Key Facts
- Director Christine Ortiz sold 12,048 shares at $24.23 for ~$292K on 2026-08-31.
- VP/CAO Richelle R. Feyerherm sold 3,000 shares at $25.00 for $75K on 2026-08-26.
- Total cluster value is ~$367K, representing ~0.01% of MWA's $3.8B market cap.
- Both transactions are open-market sells; no cashless/derivative transactions are involved.
Financial Impact
Total insider selling of $367K is negligible relative to MWA's $3.8B market cap (0.01%). No material market impact expected.
Risk Factors
- The selling occurs near a 30-day insider sell total of $1.4M, but cumulative remains below 0.05% of market cap—still trivial.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MWA-1788210091167 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 28d ago | Insider Cluster | $23.95 $23.08 | ▼ −3.63% | ▼ −2.42% | $21.66 (−9.56%) |
Aug 31, 2026 4w ago | Insider Cluster | $23.57 $23.99 | ▲ +1.78% | ▲ +1.70% | $21.66 (−8.10%) |
Jul 27, 2026 9w ago | Press Release | $25.91 $25.79 | ▼ −0.46% | ▼ −2.73% | $21.66 (−16.40%) |
May 28, 2026 18w ago | 144 | $25.21 $25.33 | ▲ +0.48% | ▲ +3.00% | $21.66 (−14.08%) |
May 5, 2026 21w ago | 8-K | $27.07 $25.36 | ▼ −6.31% | ▼ −7.44% | $21.66 (−19.98%) |
Apr 22, 2026 23w ago | Press Release | $28.02 $27.70 | ▲ +1.13% | ▲ +2.60% | $21.66 (+22.69%) |
US Market Status
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