[Form 4] indie Semiconductor, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
indie Semiconductor Chief Financial Officer Naixi Wu reported an exercise-and-sell transaction involving Class A common stock. On April 8, 2026, Wu exercised 100,000 restricted stock units, receiving the same number of Class A shares at a conversion price of $0.00 per share.
On April 9, 2026, Wu then sold a total of 55,000 shares of Class A common stock in open-market transactions at a weighted average price of $2.8102 per share. Footnotes state these sales were made to pay withholding taxes related to RSU vesting and were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025.
After these transactions, Wu directly holds 120,787 shares of Class A common stock and has 90 shares held indirectly by a spouse. The RSUs referenced vest at a rate of 50% annually beginning on April 8, 2026, with each unit representing one share of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 55,000 shares ($154,561)
Net Sell
5 txns
Insider
Wu Naixi
Role
Chief Financial Officer
Sold
55,000 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50,873 | $2.8102 | $143K |
| Sale | Class A Common Stock | 4,127 | $2.8102 | $12K |
| Exercise | Restricted Stock Units | 100,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 100,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 124,914 shares (Direct);
Restricted Stock Units — 100,000 shares (Direct);
Class A Common Stock — 90 shares (Indirect, by spouse)
Footnotes (1)
- Represents shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units ("RSUs"). The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 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 December 15, 2027. 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 $2.795 to $2.82, 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. Each restricted stock unit represents a contingent right to receive one share of Class A common stock. Such restricted stock units vest at the rate of 50% annually beginning on April 8, 2026.
Key Figures
Shares sold: 55,000 shares
Weighted average sale price: $2.8102 per share
RSUs exercised: 100,000 units
+5 more
8 metrics
Shares sold
55,000 shares
Class A common stock, open-market sales on April 9, 2026
Weighted average sale price
$2.8102 per share
Open-market sales between $2.795 and $2.82
RSUs exercised
100,000 units
Converted into 100,000 Class A shares at $0.00
Direct holdings after transactions
120,787 shares
Class A common stock directly owned by CFO
Indirect holdings after transactions
90 shares
Class A common stock held by spouse
Net shares sold
55,000 shares
Net buy/sell direction reported as net-sell
10b5-1 plan end date
December 15, 2027
Pre-arranged automated open-market sales schedule
RSU vesting rate
50% annually
Vesting begins April 8, 2026
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average price, Class A common stock, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
restricted stock units financial
"Represents shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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
"Represents shares of Class A common stock sold in the open market"
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.
withholding taxes financial
"sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Class A common stock"
