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indie Semiconductor (NASDAQ: INDI) director plans sale of up to 59,932 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

indie Semiconductor, Inc. (INDI) received a Rule 144 notice indicating that director Sonalee Parekh intends to sell up to 59,932 shares of the company’s common stock through Morgan Stanley Smith Barney LLC. These shares were acquired upon vesting of restricted stock units between June 10, 2023 and June 10, 2024.

The notice also reports that during the past three months, Parekh sold 20,000 shares of common stock on August 12, 2026 for aggregate proceeds of $76,000.00.

Positive

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Negative

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Planned shares to be sold 59,932 shares Common stock to be sold under Rule 144 for the account of Sonalee Parekh
Past 3 months shares sold 20,000 shares Common stock sold on August 12, 2026 by Sonalee Parekh
Proceeds from recent sale $76,000.00 Aggregate proceeds from sale of 20,000 shares on August 12, 2026
RSU vesting period June 10, 2023 – June 10, 2024 Period during which RSUs vested that generated the shares to be sold
Date of notice August 19, 2026 Date on which the Rule 144 notice was signed and submitted
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"The securities to be sold were acquired upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
securities to be sold financial
"The securities to be sold were acquired upon the vesting of restricted stock units"

FAQ

What does the Form 144 filing mean for indie Semiconductor (INDI)?

The Form 144 shows director Sonalee Parekh intends to sell up to 59,932 INDI shares under Rule 144. It is a notice of potential sales, not a guarantee that all shares will be sold.

How many indie Semiconductor (INDI) shares are planned to be sold under this Form 144?

The filing reports a proposed sale of up to 59,932 shares of INDI common stock. These shares were acquired through vesting of restricted stock units between June 10, 2023 and June 10, 2024.

What indie Semiconductor (INDI) insider is involved in this Form 144 filing?

The filing relates to director Sonalee Parekh. It indicates she plans to sell INDI common stock held for her account, with transactions to be executed through Morgan Stanley Smith Barney LLC.

What recent INDI stock sales has Sonalee Parekh reported in the last three months?

The notice states that on August 12, 2026, Sonalee Parekh sold 20,000 INDI shares of common stock for aggregate proceeds of $76,000.00 in the prior three-month period.

How were the indie Semiconductor (INDI) shares in this Form 144 acquired?

The shares to be sold were acquired upon the vesting of restricted stock units. The vesting occurred during the period from June 10, 2023 through June 10, 2024, according to the remarks section.

Which broker is handling the proposed sale of INDI shares in this Form 144?

The proposed sales are to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as listed in the securities information section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature