indie Semiconductor (NASDAQ: INDI) director plans sale of up to 59,932 shares
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.
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Key Figures
Planned shares to be sold: 59,932 shares
Past 3 months shares sold: 20,000 shares
Proceeds from recent sale: $76,000.00
+2 more
5 metrics
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
Key Terms
Rule 144, restricted stock units, securities to be sold
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.