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Insider Cluster (3 insiders) ·Filed May 5, 2026

ZGN

Ermenegildo Zegna N.V.
NEUTRAL
Impact 2/10
Horizonimmediate Processed5mo ago
Insider cluster: 3 insiders, $0.3M total
Actionable Insight • Neutral

No actionable signal from this cluster. Routine insider selling below materiality threshold. Monitor for any upcoming earnings or corporate events that could provide context.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
ZGN ▲ +22.52% at T+60d
NEUTRAL call +22.52% · α vs SPY +19.78% · entry $12.12 → $14.85
Entry = T+0 close
May 4, 2026
via day close
T+1d
+6.77%
call +6.77% · α +5.38%
$12.94
settled 6mo ago
T+5d
+3.22%
call +3.22% · α +1.23%
$12.51
settled 6mo ago
T+20d
+20.46%
call +20.46% · α +15.51%
$14.60
settled 5mo ago
T+60d
+22.52%
call +22.52% · α +19.78%
$14.85
settled 3mo ago

Price Chart

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Executive Summary

Three ZGN insiders sold a combined $324K in open-market shares over 7 days, representing just 0.009% of market cap—a negligible amount with no material signal. The cluster includes non-cash derivative exercises by the Acting Group CEO and Co-CEO, which do not affect economic exposure.

Key Financial Metrics

Direction
selling
Total Value
$324.0K
Insiders
3

Key Facts

  • Acting Group CEO Tagliabue sold 19,105 shares at $13.12 for ~$251K on May 8, 2026
  • Co-CEO Zegna sold 1,935 shares at $13.12 for ~$25K on May 8, 2026
  • Director Norsa sold 4,000 shares at $11.87 for $48K on May 5, 2026
  • Total open-market sales of $324K represent 0.009% of ZGN's $3.5B market cap
  • Non-cash derivative exercises (47,250 and 15,600 shares) occurred on May 7 with $0 economic impact

Financial Impact

Total insider sales of $324K (0.009% of market cap) are trivial

Market Snapshot

Exchange
NYSE
Sector
Apparel & Other Finishd Prods of Fabrics & Similar Matl
Analyst Consensus
69% bullish (16 analysts)

Investment Themes

Consumer & Retail

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ZGN-1778510891890
8 reports for ZGN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for ZGN — sortable, filterable
TypeNow
Oct 27, 2026
today
144
NEUTRAL ★ 2/10
$13.21awaiting T+60—$13.36 (+1.14%)
Oct 22, 2026
5d ago
6-K
NEUTRAL ★ 5/10
$13.85awaiting T+60—$13.36 (−3.54%)
Oct 8, 2026
19d ago
6-K
NEUTRAL ★ 2/10
$12.52awaiting T+60—$13.36 (+6.71%)
Sep 3, 2026
7w ago
6-K
MIXED ★ 6/10
$12.65awaiting T+60—$13.36 (+5.61%)
Jul 23, 2026
13w ago
6-K
BULLISH ★ 6/10
$13.81 $13.35▼ −3.33%▼ −7.88%$13.36 (−3.26%)
Jul 9, 2026
15w ago
6-K
NEUTRAL ★ 2/10
$13.57 $12.52▼ −7.74%▼ −9.37%$13.36 (−1.55%)
May 5, 2026
25w ago
Insider Cluster
NEUTRAL ★ 2/10
$12.12 $14.85▲ +22.52%▲ +19.78%$13.36 (+10.23%)
Apr 16, 2026
27w ago
6-K
NEUTRAL ★ 3/10
$11.55 $13.16▲ +13.94%▲ +6.89%$13.36 (+15.67%)
Showing 8 of 8

US Market Status

Market Open — Closes in 3h 37m

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Report published May 11, 2026