The insider sales are routine and immaterial relative to market cap. No bearish signal. Monitor next earnings for any change in fundamentals, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Two senior insiders at Super Group (SGHC) — the COO and General Counsel — executed open-market sales totaling ~$818K on July 31, 2026, following the exercise of stock options. The COO's sale of $762K is the dominant transaction. At a $7.1B market cap, this represents ~0.012% of market cap, which is trivial and well below the 0.1% threshold for materiality. The sales are likely liquidity-driven following option exercises, not a bearish signal.
Key Financial Metrics
Key Facts
- COO Ross Kirsty Farrah sold 54,551 shares at $13.97 for $762,077.47 on July 31, 2026
- General Counsel Nathan Martine sold 3,997 shares at $13.97 for $55,838.09 on July 31, 2026
- Both sales followed the exercise of stock options at $0 (non-cash events)
- Total open-market sales of $817,915.56 represent ~0.012% of SGHC's $7.1B market cap
- No C-suite insider (CEO/CFO) participated in the cluster
Financial Impact
Total insider sales of ~$818K, or ~0.012% of market cap — immaterial
Risk Factors
- Insider sales are often liquidity-driven post-option exercise and not predictive of stock performance
- The cluster is too small to be informative; no C-suite participation reduces signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SGHC-1785803665742 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 17, 2026 5w ago | SC 13D/A | $12.75 $11.26 | ▼ −11.68% | ▼ −13.13% | $10.87 (−14.74%) |
Sep 8, 2026 7w ago | 6-K | $13.94 $11.43 | ▼ −18.01% | ▼ −19.97% | $10.87 (−22.02%) |
Aug 3, 2026 12w ago | Insider Cluster | $13.92 $13.46 | ▼ −3.30% | ▼ −2.07% | $10.87 (−21.91%) |
Jul 1, 2026 16w ago | 6-K | $13.97 $14.89 | ▲ +6.59% | ▲ +8.77% | $10.87 (−22.19%) |
May 26, 2026 22w ago | Insider Cluster | $12.94 $13.40 | ▲ +3.52% | ▲ +5.46% | $10.87 (−16.00%) |
May 14, 2026 23w ago | 6-K | $13.24 $13.48 | ▲ +1.81% | ▲ +2.67% | $10.87 (−17.90%) |
May 13, 2026 23w ago | 6-K | $13.05 $13.82 | ▲ +5.90% | ▲ +6.51% | $10.87 (−16.70%) |
May 11, 2026 24w ago | 6-K | $13.18 $13.35 | ▲ +1.29% | ▲ +1.59% | $10.87 (−17.53%) |
Apr 17, 2026 27w ago | 20-F | $11.29 $13.24 | ▲ +17.27% | ▲ +11.90% | $10.87 (−3.72%) |
Apr 8, 2026 28w ago | Insider Cluster | $10.93 $13.24 | ▼ −21.13% | ▼ −12.59% | $10.87 (+0.55%) |
US Market Status
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