Were Naixi Wu’s INDI share sales under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating the transactions were made pursuant to a Rule 10b5-1 trading plan.

What is the net share effect of the INDI CFO’s transactions in this Form 4?

The CFO acquired 44,803 shares through RSU conversion and sold 23,170 shares to cover withholding taxes, for a reported net acquisition of 21,633 shares, plus an indirect holding of 90 shares by a spouse.

indie Semiconductor CFO sells 23K shares after RSU grant

Q: What insider transactions did INDI CFO Naixi Wu report in this Form 4?

CFO Naixi Wu reported a grant of 44,803 RSUs on August 28, 2026, their conversion into 44,803 Class A shares, and a sale of 23,170 Class A shares on August 31, 2026 to cover withholding taxes from RSU vesting.

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

Naixi Wu sold 23,170 shares of Class A Common Stock at an average price of $3.7196 per share on August 31, 2026. According to the filing, these shares were sold in the open market to pay withholding taxes tied to RSU vesting.

Q: What equity award did the INDI CFO receive in this filing?

Naixi Wu received 44,803 Restricted Stock Units on August 28, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock, and these RSUs were fully vested at grant, issued in lieu of cash under the 2026 Short Term Incentive Bonus Plan.

Q: Does the INDI CFO hold any shares indirectly?

Yes. The filing reports 90 shares of Class A Common Stock held indirectly by a spouse. These are reported as indirect ownership, separate from the CFO’s directly held shares.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

indie Semiconductor, Inc. (INDI) reported insider equity activity by Chief Financial Officer Naixi Wu. On August 28, 2026, Wu received a grant of 44,803 Restricted Stock Units, fully vested on the grant date and deliverable as 44,803 shares of Class A Common Stock in lieu of cash under the 2026 Short Term Incentive Bonus Plan. The same day, these RSUs were converted into an equivalent number of Class A shares. On August 31, 2026, Wu sold 23,170 Class A shares at $3.7196 per share in open-market transactions to pay withholding taxes related to RSU vesting. Wu also reports 90 Class A shares held indirectly by a spouse. The filing does not indicate use of a Rule 10b5-1 trading plan.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Wu Naixi

Role Chief Financial Officer

Sold 23,170 shs ($86K)

Approx. gross sale proceeds $86K

Type	Security	Shares	Price	Value
Sale	Class A Common Stock ^F1	23,170	$3.7196	$86K
Grant/Award	Restricted Stock Units ^{F2, F3}	44,803	$0.00	$0.00
Exercise	Restricted Stock Units ^{F2, F3}	44,803	$0.00	$0.00
Exercise	Class A Common Stock	44,803	$0.00	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Class A Common Stock — 156,058 shares (Direct); Class A Common Stock — 90 shares (Indirect, by spouse)

Footnotes (3)

F1. 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").
F2. Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock.
F3. Represents Restricted Stock Units that were fully vested as of the grant date. These RSUs represent shares received in lieu of cash in accordance with the terms of the Issuer's 2026 Short Term Incentive Bonus Plan.

Key Figures

Shares sold: 23,170 shares of Class A Common Stock Sale price per share: $3.7196 per share RSUs granted: 44,803 Restricted Stock Units +3 more

6 metrics

Shares sold 23,170 shares of Class A Common Stock Sold on August 31, 2026 to pay withholding taxes from RSU vesting

Sale price per share $3.7196 per share Open-market sale of 23,170 Class A shares on August 31, 2026

RSUs granted 44,803 Restricted Stock Units Fully vested RSU grant on August 28, 2026, in lieu of cash bonus

Shares issued from RSU conversion 44,803 shares of Class A Common Stock Shares received upon conversion of RSUs on August 28, 2026

Indirect holdings by spouse 90 shares of Class A Common Stock Reported as indirectly owned as of August 28, 2026

Net buy/sell shares -23,170 shares Net sell amount across buy/sell transactions in this Form 4

Key Terms

Restricted Stock Units, withholding taxes, Short Term Incentive Bonus Plan

3 terms

Restricted Stock Units financial

"Represents Restricted Stock Units that were fully vested as of the grant date"

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.

withholding taxes financial

"sold in the open market to pay for withholding taxes in connection"

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.

Short Term Incentive Bonus Plan financial

"in accordance with the terms of the Issuer's 2026 Short Term Incentive Bonus Plan"

FAQ

What insider transactions did INDI CFO Naixi Wu report in this Form 4?

CFO Naixi Wu reported a grant of 44,803 RSUs on August 28, 2026, their conversion into 44,803 Class A shares, and a sale of 23,170 Class A shares on August 31, 2026 to cover withholding taxes from RSU vesting.

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

Naixi Wu sold 23,170 shares of Class A Common Stock at an average price of $3.7196 per share on August 31, 2026. According to the filing, these shares were sold in the open market to pay withholding taxes tied to RSU vesting.

What equity award did the INDI CFO receive in this filing?

Naixi Wu received 44,803 Restricted Stock Units on August 28, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock, and these RSUs were fully vested at grant, issued in lieu of cash under the 2026 Short Term Incentive Bonus Plan.

Does the INDI CFO hold any shares indirectly?

Yes. The filing reports 90 shares of Class A Common Stock held indirectly by a spouse. These are reported as indirect ownership, separate from the CFO’s directly held shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/01/2026 - 06:00 PM Accepted by SEC EDGAR 09/01/2026 - 06:00 PM

SEC Form 4

FORM 4

UNITED 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^*

Wu Naixi

(Last)

(First)

(Middle)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/28/2026		M		44,803	A	$0	179,228	D
Class A Common Stock	08/31/2026		S⁽¹⁾		23,170	D	$3.7196	156,058	D
Class A Common Stock								90	I	by spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	08/28/2026		A		44,803		⁽³⁾	⁽³⁾	Class A Common Stock	44,803	$0	44,803	D
Restricted Stock Units	⁽²⁾	08/28/2026		M			44,803	⁽³⁾	⁽³⁾	Class A Common Stock	44,803	$0	0	D

Explanation of Responses:

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").

2. Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock.

3. Represents Restricted Stock Units that were fully vested as of the grant date. These RSUs represent shares received in lieu of cash in accordance with the terms of the Issuer's 2026 Short Term Incentive Bonus Plan.

	/s/ Naixi Wu by Chang Eui Kim pursuant to power of attorney filed on October 30, 2025	09/01/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR