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sellModerate cluster of 4

Steve Elms sold $8.8M of ADMA

director at ADMA BIOLOGICS, INC.. 425,621 shares at an average of $20.74, traded Jun 12, 2025, filed Jun 16, 2025.

Warning score
45
Value
$8.8M
425,621 shares
Holdings after
87,330
-20% from before
From 52-week low
+40%
low $15.44, close $21.60
From 52-week high
-12%
high $24.51, as of Jun 12, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $8.8M at market
    +25
  • Share of holdings sold
    Sold 20% of holdings
    +5
  • Cluster
    4 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -13.3%, 3m -25.0%, 6m -3.3%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ADMAOct 9, 2026 · close 10.36
Since filing Jun 16, 2025: -49.2%SPY +31.2% · excess -80.5%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001140361-25-022713, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jun 12, 2025SOpen-market sale
Common Stockindirect: See footnote
-92,941$21.69$2.0M2,031,730Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+9,000$5.96$54k96,330Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+10,000$5.00$50k106,330Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+53,837$3.66$197k160,167Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+17,500$4.91$86k177,667Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+30,000$3.89$117k207,667Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+15,000$2.92$44k222,667Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+55,000$2.35$129k277,667Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+53,172$1.67$89k330,839Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+51,630$3.35$173k382,469Jun 16, 2025
Jun 13, 2025MOption exercise
Common Stock
+37,541$5.40$203k420,010Jun 16, 2025
Jun 13, 2025SOpen-market sale
Common Stock
-137,931$20.82$2.9M282,079Jun 16, 2025
Jun 16, 2025SOpen-market sale
Common Stock
-194,749$20.24$3.9M87,330Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-9,000$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-10,000$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-53,837$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-17,500$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-30,000$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-15,000$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-55,000$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-53,172$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-51,630$0.00$00Jun 16, 2025
Jun 13, 2025MOption exercise
Stock Option (Right to Buy)derivative
-37,541$0.00$00Jun 16, 2025

Related signals

Other insiders at ADMA BIOLOGICS, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
45Moderate
ADMAbuy
ADMA BIOLOGICS, INC.
Jerrold B Grossman
director
$51k
6,400 shares
+1%
48Moderate
ADMAbuy
ADMA BIOLOGICS, INC.
Jerrold B Grossman
director
$100k
12,500 shares
+2%
43Moderate
ADMAbuy
ADMA BIOLOGICS, INC.
Jerrold B Grossman
director
$100k
12,500 shares
+3%
12Weak
ADMAsell 210b5-1
ADMA BIOLOGICS, INC.
Adam S Grossman
President and CEO
$318k
21,000 shares
-1%
24Weak
ADMAsell 2
ADMA BIOLOGICS, INC.
Kaitlin M. Kestenberg-Messina
COO and SVP, Compliance
$158k
10,096 shares
-2%
30Weak
ADMAbuy
ADMA BIOLOGICS, INC.
Steve Elms
director
$217k
14,000 shares
+1%
5Weak
ADMAsell10b5-1
ADMA BIOLOGICS, INC.
Adam S Grossman
President and CEO
$338k
21,000 shares
-1%
6Weak
ADMAsell10b5-1
ADMA BIOLOGICS, INC.
Adam S Grossman
President and CEO
$416k
21,000 shares
-1%
5Weak
ADMAsell10b5-1
ADMA BIOLOGICS, INC.
Adam S Grossman
President and CEO
$336k
21,000 shares
-1%
5Weak
ADMAsell10b5-1
ADMA BIOLOGICS, INC.
Adam S Grossman
President and CEO
$336k
21,000 shares
-1%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Steve Elms sold $8.8M of ADMA | InsiderTell