indie Semiconductor (INDI) president trades 50K shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
indie Semiconductor, Inc. director and president Ichiro Aoki reported an exercise-and-sale transaction in the company’s stock. He exercised derivative securities to acquire 50,000 shares of Class A common stock and then sold 50,000 Class A shares in an open-market transaction.
The sale covered 50,000 Class A shares at a weighted average price of $4.7759 per share, within a price range of $4.75 to $4.805. After these transactions, Aoki directly holds 106,169 shares of Class A common stock and 3,589,362 shares of Class V common stock, alongside ADK Class A Units linked to Class A shares.
The filing notes that the sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025, which provides for automated open-market sales on predetermined dates through June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50,000 shares ($238,795)
Net Sell
4 txns
Insider
Aoki Ichiro
Role
President
Sold
50,000 shs ($239K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | ADK Class A Units | 50,000 | $0.00 | -- |
| Exercise | Class V Common Stock | 50,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 50,000 | $4.7759 | $239K |
Holdings After Transaction:
ADK Class A Units — 3,589,362 shares (Direct, null);
Class V Common Stock — 3,589,362 shares (Direct, null);
Class A Common Stock — 156,169 shares (Direct, null)
Footnotes (1)
- Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock. See note 2. Class A Common Stock received upon conversion of ADK Class A Units. The ADK Class A Units may be exchanged by the Reporting Person at any time after December 10, 2021 for an equal amount of shares of Class A Common Stock or, at the election of the Issuer, cash equal to the fair market value of such shares. Upon the Reporting Person's exchange of an ADK Class A Unit for Class A Common Stock, an equivalent number of shares of Class V Common Stock will be cancelled. The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025. 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 June 30, 2026. 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 $4.75 to $4.805, 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. N/A
Key Figures
Shares sold: 50,000 shares
Weighted average sale price: $4.7759 per share
Sale price range: $4.75–$4.805 per share
+5 more
8 metrics
Shares sold
50,000 shares
Class A Common Stock open-market sale
Weighted average sale price
$4.7759 per share
Class A Common Stock sale on May 11, 2026
Sale price range
$4.75–$4.805 per share
Range of individual sale transactions
Shares acquired via exercise
50,000 shares
Class A Common Stock from derivative exercise
Class A holdings after transactions
106,169 shares
Direct ownership following reported trades
Class V holdings after transactions
3,589,362 shares
Direct ownership following ADK exchange and cancellation
ADK Class A Units exercise price
$0.0000 per unit
Conversion of ADK Class A Units into Class A shares
Underlying Class A shares
4,939,362 shares
Underlying security for ADK Class A Units
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class V Common Stock, ADK Class A Units
4 terms
Rule 10b5-1 trading plan financial
"The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025."
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 V Common Stock financial
"Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock."
ADK Class A Units financial
"Class A Common Stock received upon conversion of ADK Class A Units."
