Insider Cluster (2 insiders) ·Filed May 29, 2026
Insider cluster: 2 insiders, $333K total
Actionable Insight • Neutral
Insider activity is negligible and lacks directional significance. Monitor for any material corporate events, but this cluster alone does not warrant a trading response.
Final — all horizons settled through T+60d
SBS ▼ -16.12% at T+60d
NEUTRAL call ✗ call lost -16.12% · α vs SPY -17.31% · entry $5.52 → $4.63
T+1d
-1.09%
call -1.09% · α -1.36%
$5.46
settled 4mo ago
T+5d
-2.17%
call -2.17% · α -1.88%
$5.40
settled 4mo ago
T+20d
+5.25%
call +5.25% · α +7.05%
$5.81
settled 3mo ago
T+60d
-16.12%
call -16.12% · α -17.31%
$4.63
settled 5w ago
Price Chart
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Executive Summary
Two non-C-suite officers sold a total of $333K worth of SBS shares in open-market transactions over five days, representing less than 0.002% of the company's $19.7B market cap. This is a routine, immaterial amount with no bearish signaling value.
Key Financial Metrics
Direction
selling
Total Value
$333.0K
Insiders
2
Key Facts
- Total insider sales of $333K, 0.0017% of market cap
- Two sellers: Engineering Officer and IR/Sustainability Officer (both non-C-suite)
- Trades occurred on 2026-05-21 and 2026-05-25
Financial Impact
No material financial impact; total sales are trivial relative to market cap.
Risk Factors
- Sales may be for routine portfolio diversification or tax planning.
Market Snapshot
Exchange
NYSE
Sector
Water Supply
Analyst Consensus
95% bullish (21 analysts)
Investment Themes
Traditional Energy
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SBS-1780081472966 |
11 reports for SBS
67% Hit rate best @ T+20▲ +15.18%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 6w ago | Institutional Cluster | $4.61 $5.31 | ▲ +15.18% | ▲ +15.46% | $5.26 (+14.10%) |
Aug 14, 2026 6w ago | 6-K | $4.60 $5.22 | ▼ −13.48% | ▼ −15.47% | $5.26 (−14.35%) |
Jul 31, 2026 9w ago | 6-K | $5.45 $4.87 | ▼ −10.64% | ▼ −13.63% | $5.26 (−3.49%) |
Jun 30, 2026 13w ago | 6-K | $5.78 $5.68 | ▼ −1.73% | ▼ −0.70% | $5.26 (−9.00%) |
Jun 17, 2026 15w ago | Insider Cluster | $5.25 $5.79 | ▲ +10.29% | ▲ +9.75% | $5.26 (+0.19%) |
May 29, 2026 17w ago | Insider Cluster | $5.52 $5.81 | ▲ +5.25% | ▲ +7.05% | $5.26 (−4.71%) |
May 8, 2026 21w ago | 6-K | $6.35 $5.35 | ▼ −15.75% | ▼ −15.77% | $5.26 (−17.17%) |
May 8, 2026 21w ago | 6-K | $6.35 $5.35 | ▼ −15.75% | ▼ −15.77% | $5.26 (−17.17%) |
Apr 29, 2026 22w ago | 20-F | $6.73 $5.52 | ▼ −17.93% | ▼ −23.16% | $5.26 (−21.80%) |
Apr 28, 2026 22w ago | 6-K | $6.72 $5.66 | ▼ −15.80% | ▼ −21.25% | $5.26 (−21.75%) |
Showing 10 of 11
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