The sales are modest relative to market cap and may reflect routine portfolio diversification or tax planning. No immediate bearish read-through; monitor for any upcoming earnings or operational updates that could explain the timing.
Price Chart
Executive Summary
Two RELL insiders (CFO and EVP Canvys) sold a combined $863K in open-market sales on July 28, 2026. The CFO's sale followed derivative exercises, while the EVP sold a larger block. Total sales represent ~0.36% of market cap — modest and not indicative of a material negative signal.
Key Financial Metrics
Key Facts
- CFO Ben Robert J sold 7,500 shares at $20.00 for $150K after exercising options
- EVP Canvys Ruppert Jens Frank sold 37,500 shares at $19.01 for $713K
- Total open-market sales: $863K (0.36% of $243M market cap)
- No other insider buying in the cluster; derivative exercises were non-cash or small cash exercises
Financial Impact
Insider sales of $863K represent 0.36% of market cap — modest and within routine diversification range
Risk Factors
- Further insider selling could signal deteriorating confidence
- No insider buying to offset the sales — one-sided selling pattern
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-1785427265527 |
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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