The CEO and President both selling open-market shares within a week, without 10b5-1 plan protection, is a bearish signal. Monitor for upcoming earnings or material corporate developments that may have prompted the sales.
Price Chart
Executive Summary
Wayfair CEO Niraj Shah and President Jon Blotner sold a combined $1.14M in open-market sales over a one-week window. The CEO's $441K sale and the President's $698K sale represent a notable insider sell cluster, though the total is modest relative to Wayfair's market cap.
Key Financial Metrics
Key Facts
- CEO Niraj Shah sold 4,500 shares at $98.27 for $441K on 2026-09-14
- President Jon Blotner sold 7,000 shares at $100.22 for $698K on 2026-09-08
- Total insider sales of $1.14M over 7-day window
- Both sales are open-market (code S) with no 10b5-1 plan indication
Financial Impact
$1.14M in insider sales, approximately 0.35% of market cap (based on $326M market cap)
Risk Factors
- Insider sales may signal management's view that shares are overvalued
- No 10b5-1 plan indicates discretionary selling — potentially informed
- Cluster selling by top two executives amplifies negative signal
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-W-1789593701363 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 6d ago | Insider Cluster | $112.49 | awaiting T+60 | — | $113.05 (−0.50%) |
Oct 19, 2026 8d ago | Insider Cluster | $113.56 | awaiting T+60 | — | $113.05 (+0.45%) |
Oct 15, 2026 12d ago | 144 | $107.28 | awaiting T+60 | — | $113.05 (+5.38%) |
Oct 14, 2026 13d ago | Insider Cluster | $111.93 | awaiting T+60 | — | $113.05 (−1.00%) |
Oct 1, 2026 26d ago | Press Release | $101.37 | awaiting T+60 | — | $113.05 (+11.52%) |
Sep 16, 2026 5w ago | Insider Cluster | $102.50 | awaiting T+60 | — | $113.05 (−10.29%) |
Aug 14, 2026 10w ago | Insider Cluster | $103.08 | awaiting T+60 | — | $113.05 (+9.67%) |
May 22, 2026 22w ago | 8-K | $67.04 $101.61 | ▲ +51.56% | ▲ +48.64% | $113.05 (+68.62%) |
May 13, 2026 23w ago | 8-K | $59.88 $106.31 | ▲ +77.53% | ▲ +73.37% | $113.05 (+88.78%) |
Apr 30, 2026 25w ago | 8-K | $63.88 $84.18 | ▲ +31.77% | ▲ +28.95% | $113.05 (+76.96%) |
US Market Status
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