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sellWeak cluster of 310b5-1 plan

Michael Wittmann sold $255k of INDI

Chief Operating Officer at indie Semiconductor, Inc.. 59,375 shares at an average of $4.29, traded Sep 2, 2025, filed Sep 3, 2025.

Warning score
23
Value
$255k
59,375 shares
Holdings after
94,005
-39% from before
From 52-week low
+173%
low $1.60, close $4.36
From 52-week high
-20%
high $5.48, as of Sep 2, 2025

Score components

  • Role
    COO
    +20
  • Trade size
    $255k at market
    +13
  • Share of holdings sold
    Sold 39% of holdings
    +10
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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 -0.7%, 3m +0.9%, 6m -40.1%.

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.

INDIOct 12, 2026 · close 2.33
Since filing Sep 3, 2025: -46.1%SPY +22.5% · excess -68.6%

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 0000950170-25-112927, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 31, 2025MOption exercise
Class A Common Stock10b5-1
+6,250$0.00$0115,880Sep 3, 2025
Sep 1, 2025MOption exercise
Class A Common Stock10b5-1
+37,500$0.00$0153,380Sep 3, 2025
Sep 2, 2025SOpen-market sale
Class A Common Stock10b5-1
-16,529$4.29$71k136,851Sep 3, 2025
Sep 2, 2025SOpen-market sale
Class A Common Stock10b5-1
-42,846$4.29$184k94,005Sep 3, 2025
Aug 31, 2025MOption exercise
Restricted Stock Unitsderivative10b5-1
-6,250$0.00$06,250Sep 3, 2025
Sep 1, 2025MOption exercise
Restricted Stock Unitsderivative10b5-1
-37,500$0.00$0225,000Sep 3, 2025

Related signals

Other insiders at indie Semiconductor, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
0Weak
INDIsell 210b5-1
indie Semiconductor, Inc.
Naixi Wu
Chief Financial Officer
$12k
3,750 shares
-2%
16Weak
INDIsell 310b5-1
indie Semiconductor, Inc.
Donald McClymont
Chief Executive Officer
$155k
50,000 shares
-9%
31Weak
INDIsell 5
indie Semiconductor, Inc.
Donald McClymont
Chief Executive Officer
$47k
13,384 shares
-3%
21Weak
INDIsell 510b5-1
indie Semiconductor, Inc.
Michael Wittmann
Chief Operating Officer
$146k
40,625 shares
-26%
17Weak
INDIsell 510b5-1
indie Semiconductor, Inc.
Naixi Wu
Chief Financial Officer
$96k
27,171 shares
-17%
36Weak
INDIsell 5
indie Semiconductor, Inc.
Donald McClymont
Chief Executive Officer
$175k
46,928 shares
-9%
33Weak
INDIsell 5
indie Semiconductor, Inc.
Michael Wittmann
Chief Operating Officer
$63k
17,045 shares
-13%
36Weak
INDIsell 5
indie Semiconductor, Inc.
Naixi Wu
Chief Financial Officer
$86k
23,170 shares
-13%
15Weak
INDIsell 5
indie Semiconductor, Inc.
Thomas schiller
director, other
$12k
3,138 shares
-1%
33Weak
INDIsell 510b5-1
indie Semiconductor, Inc.
Sonalee Elizabeth Parekh
director
$244k
59,932 shares
-38%

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.

Michael Wittmann sold $255k of INDI | InsiderTell