indie Semiconductor (INDI) director sells $244K in preset stock plan trade
Rhea-AI Filing Summary
indie Semiconductor, Inc. (INDI) director Sonalee Elizabeth Parekh reported selling 59,932 shares of Class A common stock on August 19, 2026 in an open-market transaction under a Rule 10b5-1 trading plan. The weighted average sale price was $4.074 per share, with prices ranging from $3.92 to $4.38. Following this sale, Parekh directly holds 99,857 shares of indie Semiconductor Class A common stock. The Rule 10b5-1 plan was adopted on May 20, 2026 and provides for automated open market sales through September 30, 2027.
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Insider Trade Summary 10b5-1
Net Seller: 59,932 shares
Net Sell
1 txn
Insider
Parekh Sonalee Elizabeth
Role
Director
Sold
59,932 shs ($244K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 59,932 | $4.074 | $244K |
Holdings After Transaction:
Class A Common Stock — 99,857 shares (Direct)
Footnotes (2)
- F1. This sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2026. The Reporting Person's Rule 10b5-1 plan includes automated open market sales of the Issuer's Class A common stock on predetermined dates through September 30, 2027.
- F2. The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $3.92 to $4.38, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
Key Figures
Shares sold: 59,932 shares
Weighted average sale price: $4.074 per share
Sale price range: $3.92 to $4.38 per share
+4 more
7 metrics
Shares sold
59,932 shares
Class A Common Stock sold on August 19, 2026
Weighted average sale price
$4.074 per share
Open-market sale of Class A Common Stock
Sale price range
$3.92 to $4.38 per share
Individual trade prices within the reported transaction
Shares owned after transaction
99,857 shares
Direct holdings of Class A Common Stock following the sale
Transaction date
August 19, 2026
Date of reported sale transaction
Rule 10b5-1 plan adoption date
May 20, 2026
Adoption date of trading plan governing this sale
Rule 10b5-1 plan end date
September 30, 2027
End of period during which automated sales may occur
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"This sale was made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"The Reporting Person's Rule 10b5-1 plan includes automated open market sales of the Issuer's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did INDI director Sonalee Elizabeth Parekh report?
She reported a sale of 59,932 shares of indie Semiconductor Class A common stock on August 19, 2026 in an open-market transaction under a Rule 10b5-1 trading plan.
Was the INDI insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2026, providing for automated open market sales through September 30, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.