indie Semiconductor Director Sells 11,841 Shares at $3.42 in Planned Transaction
indie Semiconductor director Sonalee Elizabeth Parekh has executed a planned sale of 11,841 shares of Class A Common Stock at a weighted average price of $3.42 per share on June 16, 2025, leaving her with a direct ownership of 119,857 shares.
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Rhea-AI Filing Summary
indie Semiconductor director Sonalee Elizabeth Parekh has executed a planned sale of 11,841 shares of Class A Common Stock at a weighted average price of $3.42 per share on June 16, 2025, leaving her with a direct ownership of 119,857 shares.
The transaction was conducted pursuant to a Rule 10b5-1 trading plan established on September 13, 2024. The sales were executed through multiple transactions with prices ranging from $3.26 to $3.54 per share. The trading plan includes automated open market sales scheduled through June 30, 2025.
Key details:
- Transaction type: Sale of non-derivative securities
- Trading plan compliance: Executed under pre-established Rule 10b5-1 plan
- Form of ownership: Direct
- Reporting person role: Director
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,841 | $3.42 | $40K |
Footnotes (2)
- F1. The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2024. The Reporting Person's Rule 10b5-1 plan includes automated open market sales of the Issuer's Class A common stock through June 30, 2025.
- 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 $3.26 to $3.54, 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.
FAQ
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Was INDI Director Parekh's stock sale part of a pre-planned trading arrangement?
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