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sellWeak cluster of 410b5-1 plan

Michael Wittmann sold $48k of INDI

Chief Operating Officer at indie Semiconductor, Inc.. 18,750 shares at an average of $2.54, traded Mar 9, 2026, filed Mar 10, 2026.

Warning score
12
Value
$48k
18,750 shares
Holdings after
130,135
-13% from before
From 52-week low
+62%
low $1.60, close $2.59
From 52-week high
-57%
high $6.00, as of Mar 9, 2026

Score components

  • Role
    COO
    +20
  • Trade size
    $48k at market
    +7
  • Share of holdings sold
    Sold 13% 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
  • 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 +8.4%, 3m +54.0%, 6m +34.1%.

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 Mar 10, 2026: -10.9%SPY +15.8% · excess -26.7%

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 0002009989-26-000005, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 6, 2026MOption exercise
Class A Common Stock10b5-1
+25,000$0.00$0148,885Mar 10, 2026
Mar 9, 2026SOpen-market sale
Class A Common Stock10b5-1
-9,154$2.54$23k139,731Mar 10, 2026
Mar 9, 2026SOpen-market sale
Class A Common Stock10b5-1
-9,596$2.54$24k130,135Mar 10, 2026
Mar 6, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-25,000$0.00$050,000Mar 10, 2026

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 $48k of INDI | InsiderTell