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sellNotable cluster of 10

Michael D Dale sold $1.9M of AXGN

Chief Executive Officer at Axogen, Inc.. 61,463 shares at an average of $31.21, traded Dec 9, 2025, filed Dec 10, 2025.

Warning score
75
Value
$1.9M
61,463 shares
Holdings after
88,537
-41% from before
From 52-week low
+229%
low $9.29, close $30.61
From 52-week high
-8%
high $33.32, as of Dec 9, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $1.9M at market
    +25
  • Share of holdings sold
    Sold 41% of holdings
    +10
  • Cluster
    10 insiders selling within 14 days
    +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.

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.

AXGNOct 9, 2026 · close 36.13
Since filing Dec 10, 2025: +20.4%SPY +14.5% · excess +5.9%

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 0000805928-25-000167, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 9, 2025SOpen-market sale
Common Stock
-61,463$31.21$1.9M88,537Dec 10, 2025

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
11Weak
AXGNsell10b5-1
Axogen, Inc.
Joseph A. Tyndall
director
$174k
3,500 shares
-25%
11Weak
AXGNsell
Axogen, Inc.
Erick Wayne DeVinney
Chief Innovation Officer
$171k
5,221 shares
-2%
49Moderate
AXGNsell 10
Axogen, Inc.
Lindsey Marie Hartley
CFO
$442k
14,812 shares
-32%
60Notable
AXGNsell 10
Axogen, Inc.
Kathy Johnson Weiler
director
$1.4M
46,653 shares
-100%
50Moderate
AXGNsell 10
Axogen, Inc.
Amy McBride Wendell
director
$1.3M
43,684 shares
-32%
56Moderate
AXGNsell 10
Axogen, Inc.
Marc A Began
EVP & General Counsel
$397k
13,222 shares
-42%
72Notable
AXGNsell 10
Axogen, Inc.
Michael D Dale
Chief Executive Officer
$750k
25,000 shares
-28%
49Moderate
AXGNsell 10
Axogen, Inc.
Lindsey Marie Hartley
CFO
$454k
14,387 shares
-31%
70Notable
AXGNsell 10
Axogen, Inc.
Paul Thomas
director
$634k
21,399 shares
-61%
49Moderate
AXGNsell 10
Axogen, Inc.
Marc A Began
EVP & General Counsel
$290k
9,278 shares
-23%

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.