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sellWeak cluster of 3

Michael Wittmann sold $51k of INDI

Chief Operating Officer at indie Semiconductor, Inc.. 12,020 shares at an average of $4.22, traded Sep 8, 2025, filed Sep 9, 2025.

Warning score
27
Value
$51k
12,020 shares
Holdings after
114,913
-9% from before
From 52-week low
+165%
low $1.60, close $4.24
From 52-week high
-23%
high $5.48, as of Sep 8, 2025

Score components

  • Role
    COO
    +20
  • Trade size
    $51k at market
    +7
  • Share of holdings sold
    Sold 9.5% of holdings
    0
  • Cluster
    3 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 +9.6%, 3m +8.6%, 6m -35.6%.

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 9, 2025: -42.6%SPY +21.3% · excess -63.9%

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 0000950170-25-113853, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 5, 2025MOption exercise
Class A Common Stock
+32,928$0.00$0126,933Sep 9, 2025
Sep 8, 2025SOpen-market sale
Class A Common Stock
-12,020$4.22$51k114,913Sep 9, 2025
Sep 5, 2025AGrant or award
Restricted Stock Unitsderivative
+32,928$0.00$032,928Sep 9, 2025
Sep 5, 2025MOption exercise
Restricted Stock Unitsderivative
-32,928$0.00$00Sep 9, 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
CFO and EVP of Strategy
$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 $51k of INDI | InsiderTell