STOCK TITAN

COO of indie Semiconductor (NASDAQ: INDI) sells 39,645 shares but keeps 98,309

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.

Positive

  • None.

Negative

  • None.
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, null)
Footnotes (1)
  1. Represents shares of Class A Common Stock sold in the open market. 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.
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
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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wittmann Michael

(Last)(First)(Middle)
C/O INDIE SEMICONDUCTOR, INC.
32 JOURNEY

(Street)
ALISO VIEJO CALIFORNIA 92656

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
indie Semiconductor, Inc. [ INDI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/04/2026S(1)39,645D$4.8038(2)98,309D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of Class A Common Stock sold in the open market.
2. 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.
/s/ Michael Wittmann, by Naixi Wu pursuant to power of attorney filed on January 22, 202406/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many indie Semiconductor (INDI) shares did the COO sell and at what price?

The COO sold 39,645 shares of indie Semiconductor Class A Common Stock. The weighted average sale price was $4.8038 per share, with individual trades executed between $4.80 and $4.825, according to the filing’s transaction and footnote disclosures.

How many indie Semiconductor (INDI) shares does Michael Wittmann hold after the sale?

Following the reported transaction, Michael Wittmann directly holds 98,309 shares of indie Semiconductor Class A Common Stock. This figure, disclosed in the Form 4, reflects his remaining direct equity stake after selling 39,645 shares in the open market.

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.

What price range did indie Semiconductor (INDI) shares sell for in this insider trade?

The reported shares were sold at prices ranging from $4.80 to $4.825 per share. The Form 4 notes the $4.8038 figure as a weighted average price, with individual trades occurring within this disclosed price range in the open market.

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.