STOCK TITAN

INDI (NASDAQ: INDI) notices sale of 61,000 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

INDI submitted a Form 144 notice to sell 61,000 shares of Common Stock tied to restricted stock awards. The filing lists the securities' grant date as 12/22/2021 and recent 10b5-1 dispositions by Naixi Wu on 03/02/2026, 03/04/2026, 03/13/2026, and 04/06/2026.

Positive

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Negative

  • None.
Shares to be sold 61,000 shares Restricted Stock Awards, grant date 12/22/2021
Sale on 03/02/2026 17,162 shares 10b5-1 sale by Naixi Wu on 03/02/2026
Sale on 03/13/2026 6,000 shares 10b5-1 sale by Naixi Wu on 03/13/2026
Sale on 04/06/2026 5,876 shares 10b5-1 sale by Naixi Wu on 04/06/2026
Sale on 03/04/2026 531 shares 10b5-1 sale by Naixi Wu on 03/04/2026
Form 144 regulatory
"Form 144 notice to sell restricted securities"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Awards financial
"Securities To Be Sold: Restricted Stock Awards, grant date 12/22/2021"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
10b5-1 regulatory
"10b5-1 Sales for NAIXI WU listed with dates and amounts"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

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

FAQ

What does INDI's Form 144 report?

It reports a proposed sale of 61,000 shares of Common Stock from restricted awards. The filing shows the awards dated 12/22/2021 and lists recent 10b5-1 sales by Naixi Wu on specific dates in March and April 2026.

Who executed recent sales noted in the Form 144 for INDI?

The filing lists Naixi Wu as the reporting seller for multiple 10b5-1 transactions. Sales occurred on 03/02/2026, 03/04/2026, 03/13/2026, and 04/06/2026, with individual share counts shown in the filing.

How many shares were sold recently according to the excerpt?

Examples shown include 17,162, 531, 6,000, and 5,876 shares sold on the listed dates. These per-trade counts and proceeds are provided verbatim in the filing excerpt for the transactions by Naixi Wu.

Are the shares in the Form 144 from awards or open‑market holdings?

The filing identifies the securities as Restricted Stock Awards with a grant date of 12/22/2021. The Form 144 notice therefore relates to shares originating from restricted awards as stated in the excerpt.