indie Semi COO sells 39,645 shares at $4.80
indie Semiconductor, Inc. Chief Operating Officer Michael Wittmann reported an open-market sale of Class A Common Stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
indie Semiconductor, Inc. Chief Operating Officer Michael Wittmann reported an open-market sale of Class A Common Stock. He sold 39,645 shares on June 4, 2026 at a weighted average price of $4.8038 per share, with individual trade prices ranging from $4.80 to $4.825. After these transactions, he directly holds 98,309 shares of Class A Common Stock, indicating he retains a substantial equity position in the company despite the sale.
Insider Trade Summary
Net Seller: 39,645 shares
Net Sell
1 txn
Insider
Wittmann Michael
Role
Chief Operating Officer
Sold
39,645 shs ($190K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 39,645 | $4.8038 | $190K |
Holdings After Transaction:
Class A Common Stock — 98,309 shares (Direct)
Footnotes (2)
- F1. Represents shares of Class A Common Stock sold in the open market.
- 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 $4.80 to $4.825, 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: 39,645 shares
Weighted average sale price: $4.8038 per share
Post-transaction holdings: 98,309 shares
+1 more
4 metrics
Shares sold
39,645 shares
Class A Common Stock sold on June 4, 2026
Weighted average sale price
$4.8038 per share
Open-market sale of Class A Common Stock
Post-transaction holdings
98,309 shares
Directly held Class A Common Stock after sale
Trade price range
$4.80–$4.825 per share
Price range for individual open-market trades
Key Terms
open-market sale, weighted average price, Class A Common Stock
3 terms
open-market sale financial
"Represents shares of Class A Common Stock sold in the open market."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did indie Semiconductor (INDI) executive Michael Wittmann report in this Form 4?
Michael Wittmann, Chief Operating Officer of indie Semiconductor, reported selling Class A Common Stock. He sold 39,645 shares in an open-market transaction and now directly holds 98,309 shares, showing he remains a significant shareholder after the reported sale.
Was the indie Semiconductor (INDI) insider transaction an open-market sale?
Yes. The Form 4 identifies the transaction as an open-market sale of Class A Common Stock. A footnote further clarifies that all 39,645 shares were sold in the open market at prices ranging from $4.80 to $4.825 per share.
Does the Form 4 for indie Semiconductor (INDI) mention derivatives or option exercises?
No derivative transactions or option exercises appear in this Form 4. The filing shows only a non-derivative open-market sale of 39,645 shares of Class A Common Stock and lists no remaining derivative positions in the derivative summary section.
AI-generated analysis. How Rhea-AI works. Not financial advice.
