Insider Cluster (2 insiders) ·Filed Aug 25, 2026

OMER

OMEROS CORP
NEUTRAL
Impact 3/10
Horizonimmediate Processed1mo ago
Insider cluster: 2 insiders, $466K total
Actionable Insight • Neutral

This cluster is routine and non-informative. The sales are small and follow option exercises, likely for tax purposes. No bearish read-through. Monitor for any larger open-market sales or a change in the pattern.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d
OMER ▲ +10.48% at T+20d
NEUTRAL call ✓ call won +10.48% · α vs SPY +10.26% · entry $18.22 → $20.13
Next anchor: T+60d in 7w
Latest observation: T+23 -34.07% FF3 residual α
Entry anchored
Aug 25, 05:06 PM ET
via 1-min bar
T+1d
+5.65%
call +5.65% · α +5.00%
$19.25
settled 5w ago
T+5d
+3.51%
call +3.51% · α +3.63%
$18.86
settled 4w ago
T+20d
+10.48%
call +10.48% · α +10.26%
$20.13
settled 9d ago
T+60d
—
call — · α —
—
in 7w

Price Chart

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Executive Summary

Two insiders at Omeros (VP of Finance and a Director) sold a combined $466K in open-market shares over two days, following option exercises. The total sales represent ~0.03% of the $1.4B market cap, a trivial amount. The sales are likely liquidity-driven to cover taxes on option exercises, not a bearish signal on the company's prospects. The historical win rate on OMER reports is strong (67% at T+20), but this cluster is too small to be informative.

Key Financial Metrics

Direction
selling
Total Value
$466.0K
Insiders
2

Key Facts

  • Two insiders sold a total of $466K in open-market shares (0.03% of market cap).
  • VP of Finance Borges sold $207K after exercising options; Director Cable sold $277K after exercising options.
  • No open-market purchases were made by any insider.
  • The sales are small relative to the $1.4B market cap and appear tied to option exercise/tax events.

Financial Impact

Total insider sales of $466K represent 0.03% of market cap — immaterial.

insider ownership

Risk Factors

  • Insiders could increase selling volume in future windows.
  • No insider buying to signal confidence.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
70% bullish (10 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-OMER-1787695292484
10 reports for OMER
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +80.38%Jul 20, 2026
Filters
Rows
Reports for OMER — sortable, filterable
TypeNow
Sep 1, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$18.75 $19.04▲ +1.55%▲ +1.44%$18.30 (−2.40%)
Aug 28, 2026
5w ago
Insider Cluster
NEUTRAL ★ 5/10
$18.61 $19.43▲ +4.41%▲ +4.15%$18.30 (−1.67%)
Aug 25, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$18.22 $20.13▲ +10.48%▲ +10.26%$18.30 (+0.44%)
Aug 21, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$19.32 $21.05▲ +8.95%▲ +7.64%$18.30 (−5.28%)
Jul 20, 2026
10w ago
8-K
BULLISH ★ 5/10
$9.53 $17.19▲ +80.38%▲ +77.82%$18.30 (+92.03%)
Jul 6, 2026
12w ago
8-K
NEUTRAL ★ 4/10
$10.34 $11.84▲ +14.51%▲ +15.07%$18.30 (+76.98%)
Jun 18, 2026
15w ago
8-K
BULLISH ★ 5/10
$10.28 $9.22▼ −10.31%▼ −10.84%$18.30 (+78.02%)
Jun 11, 2026
16w ago
Institutional Cluster
NEUTRAL ★ 4/10
$10.18 $10.27▲ +0.88%▼ −1.01%$18.30 (+79.76%)
May 13, 2026
20w ago
8-K
MIXED ★ 6/10
$13.28 $8.74▼ −34.19%▼ −33.33%$18.30 (+37.80%)
Mar 31, 2026
26w ago
8-K
BULLISH ★ 9/10
$12.08 $14.56▲ +20.53%▲ +10.81%$18.30 (+51.49%)
Showing 10 of 10

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Report published Aug 25, 2026