CFO of indie Semiconductor (INDI) sells 6,000 pre-planned shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
indie Semiconductor, Inc. Chief Financial Officer Naixi Wu reported an open-market sale of 6,000 shares of Class A Common Stock at a weighted average price of $2.5138 per share on March 13, 2026. The sale price ranged from $2.46 to $2.58 per share.
These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025, which provides for automated open market sales on predetermined dates through December 15, 2027. Following this transaction, Wu holds 71,188 shares directly and 90 shares indirectly through a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($15,083)
Net Sell
2 txns
Insider
Wu Naixi
Role
Chief Financial Officer
Sold
6,000 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,000 | $2.5138 | $15K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 71,188 shares (Direct);
Class A Common Stock — 90 shares (Indirect, by spouse)
Footnotes (1)
- 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 $2.46 to $2.58, 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
What insider transaction did indie Semiconductor (INDI) disclose for its CFO?
indie Semiconductor reported that CFO Naixi Wu sold 6,000 shares of Class A Common Stock on March 13, 2026. The weighted average sale price was $2.5138 per share, based on multiple trades between $2.46 and $2.58.
What is a Rule 10b5-1 trading plan in the context of INDI’s Form 4?
A Rule 10b5-1 trading plan allows insiders to schedule trades in advance under pre-set instructions. For indie Semiconductor, CFO Naixi Wu’s plan authorizes automated open market sales of Class A common stock on predetermined dates through December 15, 2027.