The identical execution price and date across CEO/CFO/director sales suggest a pre-arranged plan or blackout-window opening rather than reactive selling. At 0.08% of market cap, these volumes are noise. However, the CEO's sale of ~$190K is the largest single insider transaction in the trailing 30 days — monitor for any material 8-K or pipeline update within the next two weeks that might have prompted the timing.
Price Chart
Executive Summary
Three REPL insiders (CEO, CFO, and a director) sold a total of $319K in open-market sales on May 18, 2026, all at $5.08 per share. The CEO's sale of $190K is the largest, and the cluster timing is identical across all three, suggesting a coordinated or programmatic exit rather than opportunistic selling based on fresh negative information.
Key Financial Metrics
Key Facts
- CEO Patel Sushil sold 37,324 shares for $190K
- CFO Hill Emily Luisa sold 7,812 shares for $40K
- Director Astley-Sparke Philip sold 17,657 shares for $90K
- All three trades executed at $5.08 on May 18, 2026
- Total cluster value $319K represents 0.08% of $388M market cap
- No open-market purchases in the cluster — all sales
Financial Impact
$319K total insider sales, below 0.1% of market cap — trivial relative to company size
Risk Factors
- CEO sold the largest dollar amount — insider confidence signal worth tracking
- No insider buying to offset the selling — one-sided signal
- REPL has a 59% bearish analyst consensus — selling could amplify existing negative sentiment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-REPL-1779308220177 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 5w ago | Press Release | $14.71 $13.07 | ▲ +11.15% | ▲ +11.16% | $13.04 (+11.35%) |
Aug 19, 2026 6w ago | Insider Cluster | $14.05 $13.07 | ▼ −6.98% | ▼ −6.98% | $13.04 (−7.19%) |
Aug 14, 2026 7w ago | 8-K | $14.97 $13.11 | ▼ −12.42% | ▼ −10.43% | $13.04 (−12.89%) |
Aug 14, 2026 7w ago | Press Release | $14.97 $13.11 | ▼ −12.42% | ▼ −10.43% | $13.04 (−12.89%) |
Aug 12, 2026 7w ago | Insider Cluster | $15.19 $12.92 | ▼ −14.94% | ▼ −13.20% | $13.04 (−14.15%) |
Aug 12, 2026 7w ago | Insider Cluster | $15.19 $12.92 | ▼ −14.94% | ▼ −13.20% | $13.04 (−14.15%) |
Aug 10, 2026 7w ago | Press Release | $13.67 $14.77 | ▼ −8.05% | ▼ −8.96% | $13.04 (+4.61%) |
Aug 10, 2026 7w ago | 8-K | $13.67 $14.77 | ▼ −8.05% | ▼ −8.96% | $13.04 (+4.61%) |
Aug 10, 2026 7w ago | 424B5 | $13.67 $14.77 | ▼ −8.05% | ▼ −8.96% | $13.04 (+4.61%) |
Aug 7, 2026 8w ago | 8-K | $12.06 $15.04 | ▲ +24.71% | ▲ +25.11% | $13.04 (+8.13%) |
US Market Status
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