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sellModerate cluster of 6

Gunther Birznieks sold $351k of VNDA

SVP, Business Development at Vanda Pharmaceuticals Inc.. 42,431 shares at an average of $8.27, traded Mar 2, 2026, filed Mar 4, 2026.

Warning score
45
Value
$351k
42,431 shares
Holdings after
494,197
-8% from before
From 52-week low
+108%
low $3.92, close $8.17
From 52-week high
-8%
high $8.91, as of Mar 2, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $351k at market
    +15
  • Share of holdings sold
    Sold 7.9% of holdings
    0
  • Cluster
    6 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.

This signal so far: 1m -14.6%, 3m -25.7%, 6m -32.6%.

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.

VNDAOct 9, 2026 · close 4.57
Since filing Mar 4, 2026: -44.3%SPY +14.5% · excess -58.8%

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 0001702031-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 2, 2026SOpen-market sale
Common Stock
-42,431$8.27$351k494,197Mar 4, 2026

Related signals

Other insiders at Vanda Pharmaceuticals Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
52Moderate
VNDAsell 6
Vanda Pharmaceuticals Inc.
Kevin Patrick Moran
SVP, CFO & Treasurer
$351k
42,442 shares
-9%
65Notable
VNDAsell 6
Vanda Pharmaceuticals Inc.
Mihael Hristos Polymeropoulos
President and CEO
$1.3M
156,235 shares
-5%
50Moderate
VNDAsell 6
Vanda Pharmaceuticals Inc.
Timothy Williams
SVP & General Counsel
$351k
42,434 shares
-10%
43Moderate
VNDAsell 6
Vanda Pharmaceuticals Inc.
Joakim Wijkstrom
SVP, Chief Marketing Officer
$255k
30,800 shares
-8%
48Moderate
VNDAsell 6
Vanda Pharmaceuticals Inc.
Tage Honore
director
$241k
30,000 shares
-24%
45Moderate
VNDAbuy
Vanda Pharmaceuticals Inc.
Mihael Hristos Polymeropoulos
President and CEO
$42k
10,000 shares
+0%
20Weak
VNDAsell
Vanda Pharmaceuticals Inc.
Stephen Ray Mitchell
director
$32k
7,000 shares
-7%
35Weak
VNDAbuy
Vanda Pharmaceuticals Inc.
Mihael Hristos Polymeropoulos
President and CEO
$44k
10,000 shares
+0%
43Moderate
VNDAbuy
Vanda Pharmaceuticals Inc.
Mihael Hristos Polymeropoulos
President and CEO
$84k
20,000 shares
+1%
25Weak
VNDAsell
Vanda Pharmaceuticals Inc.
Stephen Ray Mitchell
director
$26k
5,000 shares
-10%

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.