A large insider selling cluster at RELL over the past week involves 7 insiders, including the CFO, COO, and multiple directors, for total open-market proceeds of ~$2.27M. This represents ~0.74% of the company's $305M market cap — a notably high figure for a micro-cap. While many sales coincide with stock option exercises, the scale and breadth of C-suite and director selling, especially after a period of strong historical performance and elevated insider activity, signals significant de-risking by management.
Price Chart
Executive Summary
A large insider selling cluster at RELL over the past week involves 7 insiders, including the CFO, COO, and multiple directors, for total open-market proceeds of ~$2.27M. This represents ~0.74% of the company's $305M market cap — a notably high figure for a micro-cap. While many sales coincide with stock option exercises, the scale and breadth of C-suite and director selling, especially after a period of strong historical performance and elevated insider activity, signals significant de-risking by management.
Key Financial Metrics
Key Facts
- 7 insiders sold shares in an 8-day window ending 2026-08-04, total open-market proceeds of ~$2.27M (0.74% of market cap).
- CFO Ben Robert J exercised options at $0-$15.60 and sold 7,500 of 9,000 acquired shares at ~$21.61, netting ~$150K in cash sales.
- COO Diddell Wendy sold 23,901 shares at $20.00 for $478K — her only trade in the cluster.
- EVP Canvys Ruppert Jens Frank sold the largest block: 37,500 shares at $19.01 for $713K.
- Multiple directors (Plante, Kluge, Benham, Halverson) also sold, ranging from $94K to $519K each.
- At least 5 sales occurred simultaneously with or shortly after derivative exercises, suggesting a tax-motivated or vesting-based pattern.
- Prior 30-day insider activity was already net selling of $780K from 3 transactions.
Financial Impact
Not specified
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RELL-1786082972040 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 6w ago | DEFA14A | $17.21 $16.59 | ▼ −3.60% | ▼ −3.08% | $18.99 (+10.34%) |
Aug 6, 2026 8w ago | Insider Cluster | $20.74 $16.98 | ▲ +18.13% | ▲ +18.73% | $18.99 (+8.44%) |
Aug 6, 2026 8w ago | Insider Cluster | $20.74 $16.98 | ▲ +18.13% | ▲ +18.73% | $18.99 (+8.44%) |
Aug 5, 2026 8w ago | Insider Cluster | $20.98 $16.99 | ▲ +19.02% | ▲ +18.42% | $18.99 (+9.49%) |
Aug 3, 2026 8w ago | Insider Cluster | $19.65 $17.32 | ▲ +11.86% | ▲ +13.10% | $18.99 (+3.36%) |
Jul 31, 2026 9w ago | Insider Cluster | $18.29 $17.71 | ▲ +3.17% | ▲ +6.16% | $18.99 (−3.83%) |
Jul 30, 2026 9w ago | Insider Cluster | $18.13 $17.99 | ▲ +0.77% | ▲ +4.74% | $18.99 (−4.74%) |
Jul 30, 2026 9w ago | Insider Cluster | $18.13 $17.99 | ▼ −0.77% | ▼ −4.74% | $18.99 (+4.74%) |
Jul 22, 2026 10w ago | Press Release | $21.82 $17.51 | ▼ −19.75% | ▼ −23.06% | $18.99 (−12.97%) |
Jul 15, 2026 11w ago | Press Release | $16.70 $20.41 | ▲ +22.22% | ▲ +18.60% | $18.99 (+13.71%) |
US Market Status
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