The cluster is small in dollar terms but involves a C-suite officer and is amplified by multiple cross-filing contexts (earnings, offering, press, restatement). Traders should watch for upcoming earnings or material corporate events that may have prompted the selling. If NWL files an 8-K or press release in the next 2 weeks, the insider sales may have been informed.
Price Chart
Executive Summary
Two NWL insiders — the CHRO and a division president — sold a combined $857K in open-market sales over a 7-day window. While the dollar amount is modest relative to NWL's $1.9B market cap (0.045%), the cluster includes a C-suite officer and occurs alongside multiple cross-filing amplifiers (earnings, offering, press, restatement contexts), elevating the signal. The historical calibration shows past neutral reports on NWL had strong positive outcomes, but this cluster's net selling direction and cross-filing context warrant a bearish tilt.
Key Financial Metrics
Key Facts
- Two insiders sold 187,200 shares total for $857K in open-market transactions
- CHRO Platt Tracy L sold 96,200 shares at $4.65 ($447K) on May 4
- President Huet Melanie Arlene sold 91,000 shares at $4.50 ($410K) on May 8
- Total sales represent ~0.045% of NWL's $1.9B market cap — below the 0.1% materiality threshold
- Cross-filing amplifiers (earnings, offering, press, restatement contexts) increase the significance of insider selling
Financial Impact
Total insider sales of $857K, or ~0.045% of market cap — economically trivial but amplified by cross-filing context
Risk Factors
- Insider selling could signal management's concern about near-term fundamentals
- Cross-filing amplifiers suggest potential upcoming negative catalysts (earnings miss, offering, restatement)
- Low dollar amount relative to market cap limits the bearish signal's magnitude
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NWL-1778532264480 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 31, 2026 9w ago | 8-K | $5.60 $6.17 | ▲ +10.18% | ▲ +7.19% | $5.39 (−3.84%) |
May 28, 2026 18w ago | Insider Cluster | $3.40 $6.06 | ▲ +78.24% | ▲ +80.03% | $5.39 (+58.38%) |
May 21, 2026 19w ago | Court Ruling | $3.58 $5.03 | ▲ +40.50% | ▲ +40.28% | $5.39 (+50.42%) |
May 4, 2026 21w ago | Insider Cluster | $4.60 $3.33 | ▲ +27.55% | ▲ +33.19% | $5.39 (−17.17%) |
Mar 26, 2026 27w ago | DEFA14A | $3.41 $4.17 | ▲ +22.31% | ▲ +9.57% | $5.39 (+58.06%) |
Mar 23, 2026 27w ago | Court Ruling | $3.58 $4.24 | ▲ +18.44% | ▲ +11.01% | $5.39 (+50.42%) |
Mar 23, 2026 27w ago | Court Ruling | $3.58 $4.24 | ▲ +18.44% | ▲ +11.01% | $5.39 (+50.42%) |
US Market Status
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