Insider Cluster (6 insiders) ·Filed Feb 20, 2026

OCUL

OCULAR THERAPEUTIX, INC
MIXED
Impact 5/10
Horizonweeks Processed7mo ago
Insider cluster: 6 insiders, $0.7M total
Actionable Insight ◆ Mixed

The contrasting signals — executive selling while a known external investor buys — suggest divergent views. Monitor for upcoming earnings or clinical trial updates that may have prompted Lindstrom’s confidence. Watch for follow-up trades from other board members or executives.

DirectionMixed
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
OCUL ▲ +7.71% at T+60d
NEUTRAL call ✓ call won +7.71% · α vs SPY +0.58% · entry $7.78 → $8.38
Entry anchored
Feb 19, 03:59 PM ET
via exchange tick
T+1d
+8.10%
call +8.10% · α +9.11%
$8.41
settled 7mo ago
T+5d
+14.91%
call +14.91% · α +15.36%
$8.94
settled 7mo ago
T+20d
+5.14%
call +5.14% · α +11.09%
$8.18
settled 7mo ago
T+60d
+7.71%
call +7.71% · α +0.58%
$8.38
settled 5mo ago

Price Chart

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Executive Summary

A cluster of insider transactions at Ocular Therapeutix (OCUL) shows mixed activity: one significant open-market purchase by external investor Richard L. Lindstrom for $461K, alongside coordinated open-market sales by five executives totaling $256K. The selling executives include the Chief Development Officer, Chief Scientific Officer, Chief Strategy Officer, Chief Medical Officer, and Pravin Dugel (role unspecified), all selling near the same price point.

Key Financial Metrics

Direction
mixed
Total Value
$717.7K
Insiders
6

Key Facts

  • Richard L. Lindstrom purchased 60,229 shares at $7.66 for $461,354.14 on February 20, 2026.
  • Five insiders sold a combined 31,192 shares across February 20 and 23, 2026, for $256,374.36 in total.
  • Selling insiders include four C-suite executives: Peter Kaiser (CDO), Jeffrey Heier (CSO), Sanjay Nayak (CSO), and Nadia Waheed (CMO), plus Pravin Dugel.
  • All transactions were open-market trades; no derivative exercises or grants involved.
  • Sales occurred at prices between $7.74 and $8.28 per share, near recent market levels.

Financial Impact

Net selling of $256K by insiders, offset by $461K purchase from external investor Lindstrom; net positive cash flow of $205K into stock.

insider ownershipmarket sentiment

Risk Factors

  • Coordinated executive selling may signal lack of confidence in near-term prospects despite strong external buying.
  • Lindstrom’s purchase, while large, is from a non-corporate insider and may reflect personal conviction rather than fundamental catalyst.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

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

DocumentAccession Number
CONTEXT: Insider Cluster Data (6 trades, 7d window)cluster-OCUL-1772109078986
14 reports for OCUL
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+20▲ +24.88%Aug 3, 2026
Filters
Rows
Reports for OCUL — sortable, filterable
TypeNow
Sep 2, 2026
4w ago
Insider Cluster
NEUTRAL ★ 4/10
$10.90 $7.67▼ −29.63%▼ −29.30%$6.96 (−36.15%)
Aug 26, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$10.82 $9.82▼ −9.24%▼ −8.73%$6.96 (−35.67%)
Aug 3, 2026
8w ago
8-K
BULLISH ★ 7/10
$8.40 $10.49▲ +24.88%▲ +23.64%$6.96 (−17.14%)
Jun 17, 2026
15w ago
Press Release
BULLISH ★ 6/10
$9.64 $9.17▼ −4.93%▼ −6.24%$6.96 (−27.80%)
Jun 12, 2026
16w ago
8-K
NEUTRAL ★ 3/10
$8.99 $9.88▲ +9.90%▲ +10.65%$6.96 (−22.58%)
Jun 4, 2026
17w ago
Press Release
BULLISH ★ 7/10
$8.80 $9.64▲ +9.55%▲ +10.92%$6.96 (−20.91%)
May 28, 2026
18w ago
Insider Cluster
NEUTRAL ★ 3/10
$9.01 $9.90▲ +9.88%▲ +11.67%$6.96 (−22.75%)
May 5, 2026
21w ago
8-K
NEUTRAL ★ 5/10
$9.71 $8.31▼ −14.42%▼ −19.37%$6.96 (−28.32%)
May 5, 2026
21w ago
Press Release
MIXED ★ 6/10
$9.71 $8.31▼ −14.42%▼ −19.37%$6.96 (−28.32%)
Apr 30, 2026
22w ago
DEFA14A
NEUTRAL ★ 3/10
$9.43 $8.93▼ −5.30%▼ −10.57%$6.96 (−26.19%)
Showing 10 of 14

US Market Status

Market Closed — Opens Mon (64h 21m)

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Report published Feb 26, 2026