Insider Cluster (2 insiders) ·Filed Oct 15, 2026
Insider cluster: 2 insiders, $165K total
Actionable Insight • Neutral
Sales are too small to signal material non-public information. Monitor next 10-Q for any fundamental deterioration, but this cluster alone does not warrant action.
Latest settled — T+5d
VIPS ▼ -3.04% at T+5d
NEUTRAL call -3.04% · α vs SPY -2.02% · entry $13.17 → $12.77
Latest observation: T+6 -3.62% FF3 residual α
T+1d
-2.35%
call -2.35% · α -1.25%
$12.86
settled 12d ago
T+5d
-3.04%
call -3.04% · α -2.02%
$12.77
settled 6d ago
T+20d
Pending
in 15d
T+60d
Pending
in 3mo
Price Chart
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Executive Summary
Two Vipshop insiders, including CTO Li Tianmin, sold a combined $165K in open-market sales on October 13, 2026. The total is ~0.05% of market cap, well below the 0.1% materiality threshold, making this a routine liquidity event with no actionable signal.
Key Financial Metrics
Direction
selling
Total Value
$165.0K
Insiders
2
Key Facts
- CTO Li Tianmin sold 2,400 shares for $153K on October 13, 2026
- Director Liu Chun sold 181 shares for $12K on October 13, 2026
- Total cluster value of $165K represents ~0.05% of market cap
- Both sales were open-market (code S) with no 10b5-1 plan indicated
- Sales occurred on the same day, suggesting a common blackout window or tax-planning event
Financial Impact
$165K total insider sales, negligible relative to market cap
Risk Factors
- Insider sales below 0.1% of market cap are typically non-informative
- Same-day sales by two insiders could reflect routine portfolio rebalancing or tax planning
Investment Themes
Consumer & Retail
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-VIPS-1792059742848 |
9 reports for VIPS
100% Hit rate @ T+20 Went positive at some point 4 of 4 best @ T+20▲ +12.64%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | Insider Cluster | $13.17 | awaiting T+20 | — | $12.70 (−3.57%) |
Sep 10, 2026 6w ago | Insider Cluster | $12.58 $12.72 | ▲ +1.11% | ▼ −1.01% | $12.70 (+0.95%) |
Aug 25, 2026 9w ago | 6-K | $14.16 $12.37 | ▲ +12.64% | ▲ +13.62% | $12.70 (+10.31%) |
Aug 25, 2026 9w ago | Press Release | $14.16 $12.37 | ▲ +12.64% | ▲ +13.62% | $12.70 (+10.31%) |
Aug 17, 2026 10w ago | Press Release | $14.04 | awaiting T+20 | — | $12.70 (−9.54%) |
Jul 9, 2026 15w ago | Insider Cluster | $13.85 $15.41 | ▲ +11.26% | ▲ +9.02% | $12.70 (−8.30%) |
Jun 11, 2026 19w ago | Institutional Cluster | $13.89 $13.85 | ▼ −0.29% | ▼ −2.18% | $12.70 (−8.57%) |
May 21, 2026 22w ago | 6-K | $14.52 $13.25 | ▲ +8.75% | ▲ +9.08% | $12.70 (+12.53%) |
Apr 8, 2026 29w ago | Insider Cluster | $14.82 $14.12 | ▲ +4.75% | ▲ +13.30% | $12.70 (+14.33%) |
Showing 9 of 9
US Market Status
Market Closed — Opens Thu (11h 39m)
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