INDI (INDI) insider Michael Wittmann files to sell 42,468 shares

Rhea-AI Filing Summary

INDI insider Michael Wittmann filed a notice of proposed sale of common stock under Rule 144. The filing covers 42,468 common shares to be sold through Morgan Stanley Smith Barney LLC, linked to prior restricted stock grants, with trading referenced on NASDAQ.

The notice also lists several recent open-market sales over the past three months, including blocks of 37,500 and 39,645 shares, together generating more than $500,000 in proceeds.

Key Figures

Shares covered by notice: 42,468 shares Aggregate value of covered shares: $174,199.49 Restricted stock grant 01/03/2024: 10,725 shares +4 more

7 metrics

Shares covered by notice 42,468 shares Total common shares referenced in the securities information section

Aggregate value of covered shares $174,199.49 Value associated with the 42,468 common shares

Restricted stock grant 01/03/2024 10,725 shares Common shares from issuer-restricted stock dated 01/03/2024

Restricted stock grant 06/01/2025 23,775 shares Common shares from issuer-restricted stock dated 06/01/2025

Restricted stock grant 07/01/2025 7,968 shares Common shares from issuer-restricted stock dated 07/01/2025

Sale on 06/02/2026 37,500 shares for $192,480.00 Common shares sold by Michael Wittmann

Sale on 06/04/2026 39,645 shares for $190,450.62 Common shares sold by Michael Wittmann

Key Terms

Restricted Stock, Securities To Be Sold, Securities Sold During The Past 3 Months, Executive Financial Services

4 terms

Restricted Stock financial

"Common | 01/03/2024 | Restricted Stock | Issuer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Securities To Be Sold regulatory

"144: Securities To Be Sold Common | 01/03/2024"

Securities Sold During The Past 3 Months regulatory

"144: Securities Sold During The Past 3 Months MICHAEL WITTMANN"

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

What does the Form 144 filing by INDI insider Michael Wittmann disclose?

The filing discloses a proposed sale of 42,468 common shares of INDI through Morgan Stanley Smith Barney LLC, linked to restricted stock grants, with trading referenced on NASDAQ. It also details several sizeable stock sales in the prior three months.

How many INDI shares are covered by Michael Wittmann’s planned sale?

The notice covers a total of 42,468 common shares. These shares are tied to restricted stock awards dated 01/03/2024, 06/01/2025, and 07/01/2025, each with specific share amounts that sum to the total covered.

What aggregate value is associated with the shares in this INDI Form 144?

The shares covered by the notice are associated with an aggregate value of $174,199.49. This value is presented alongside the 42,468 common shares referenced in the securities information section of the filing for trading on NASDAQ.

What recent INDI stock sales by Michael Wittmann are listed in the filing?

The filing lists several recent sales, including 37,500 shares for $192,480.00 on 06/02/2026 and 39,645 shares for $190,450.62 on 06/04/2026, plus additional smaller transactions in June and July 2026.

What restricted stock grants are tied to the INDI shares in the Form 144?

The covered common shares relate to restricted stock from the issuer dated 01/03/2024 (10,725 shares), 06/01/2025 (23,775 shares), and 07/01/2025 (7,968 shares). These three grants together correspond to the 42,468 shares noted.

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Available on EDGAR 08/14/2026 - 05:29 PM Accepted by SEC EDGAR 08/14/2026 - 05:28 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	42468	174199.49	217928736	08/14/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/03/2024	Restricted Stock	Issuer			10725	01/03/2024	Not Applicable
Common	06/01/2025	Restricted Stock	Issuer			23775	06/01/2025	Not Applicable
Common	07/01/2025	Restricted Stock	Issuer			7968	07/01/2025	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MICHAEL WITTMANN 32 Journey Aliso Viejo CA 92656	Common	07/06/2026	4356	20360.82
MICHAEL WITTMANN 32 Journey Aliso Viejo CA 92656	Common	07/06/2026	1894	8852.93
MICHAEL WITTMANN 32 Journey Aliso Viejo CA 92656	Common	07/02/2026	30207	134463.26
MICHAEL WITTMANN 32 Journey Aliso Viejo CA 92656	Common	06/04/2026	39645	190450.62
MICHAEL WITTMANN 32 Journey Aliso Viejo CA 92656	Common	06/02/2026	37500	192480.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)