The C-suite selling cluster, while modest relative to market cap (~0.01% of $7.7B), is notable for its concentration at the CEO/CFO level and proximity to all-time highs. Monitor for any upcoming catalyst (e.g., data readout, financing) that could explain the selling. If the stock pulls back 5-10%, the selling may prove opportunistic rather than informational.
Price Chart
Executive Summary
CEO Cameron Turtle and CFO Scott Burrows sold a combined $810K in open-market sales on September 1, 2026. These sales follow a broader cluster of insider selling totaling ~$5.7M over the prior week, including CFO Burrows' $1.6M sale and other executives' option exercises and sales. The selling is concentrated at the C-suite level and occurs near all-time highs for the stock, which has a $7.7B market cap and 91% analyst bullishness.
Key Financial Metrics
Key Facts
- CEO Cameron Turtle sold 8,400 shares at $87.15 for $732K on 2026-09-01
- CFO Scott Burrows sold 900 shares at $86.25 for $78K on 2026-09-01
- Total open-market sales in this cluster: $810K
- Broader 7-day cluster includes CFO Burrows' $1.63M sale and other executives' option exercises and sales totaling ~$5.7M
- Stock trades near $87, near all-time highs with a $7.7B market cap
Financial Impact
$810K in open-market sales by CEO and CFO in this cluster; ~$5.7M in total insider sales over the past week
Risk Factors
- Insider selling may signal management's view that the stock is fully valued near all-time highs
- Option exercises followed by sales suggest insiders are monetizing equity, not accumulating
- Broader cluster of ~$5.7M in sales over 7 days increases the bearish 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-SYRE-1788485651450 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 28d ago | Insider Cluster | $88.98 $90.80 | ▼ −2.05% | ▼ −3.25% | $93.19 (−4.73%) |
Aug 11, 2026 7w ago | Insider Cluster | $102.74 $107.82 | ▼ −4.94% | ▼ −5.35% | $93.19 (+9.30%) |
Aug 6, 2026 8w ago | Insider Cluster | $103.42 $101.85 | ▲ +1.52% | ▲ +2.73% | $93.19 (+9.89%) |
Jul 3, 2026 13w ago | Insider Cluster | $86.63 $98.75 | ▲ +13.99% | ▲ +13.06% | $93.19 (+7.57%) |
Jun 27, 2026 13w ago | Insider Cluster | $90.16 $88.74 | ▲ +1.57% | ▲ +2.96% | $93.19 (−3.36%) |
Jun 26, 2026 14w ago | S-3ASR | $90.16 $88.74 | ▼ −1.57% | ▼ −2.96% | $93.19 (+3.36%) |
Jun 24, 2026 14w ago | Insider Cluster | $86.24 $88.89 | ▼ −3.07% | ▼ −1.37% | $93.19 (−8.06%) |
Jun 15, 2026 15w ago | 8-K | $83.58 $100.32 | ▲ +20.03% | ▲ +21.41% | $93.19 (+11.50%) |
Jun 12, 2026 16w ago | Institutional Cluster | $80.79 $88.34 | ▲ +9.35% | ▲ +8.67% | $93.19 (+15.35%) |
Jun 11, 2026 16w ago | Institutional Cluster | $80.77 $87.49 | ▲ +8.32% | ▲ +7.89% | $93.19 (+15.38%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access