INDI CEO sells 200,000 shares at $6.0066 under 10b5-1 plan

indie Semiconductor (INDI) CEO and director reported insider activity.

Rhea-AI Filing Summary

indie Semiconductor (INDI) CEO and director reported insider activity. On 10/15/2025, the reporting person exchanged 200,000 ADK Class A Units for an equal number of Class A Common Stock, which triggered the cancellation of 200,000 Class V Common Stock.

That same day, 200,000 Class A shares were sold at a weighted average price of $6.0066 under a Rule 10b5-1 trading plan adopted on June 13, 2025. Following these transactions, the reporting person held 135,602 Class A shares directly and 4,966,425 Class V shares directly, plus 68,115 Class A shares indirectly by spouse. The 10b5-1 plan includes automated open market sales on predetermined dates and prices through June 30, 2027.

Insider Trade Summary

Exercise and Sale: 200,000 shares ($1.20M approx. pre-tax spread)

Exercise and Sale 5 txns

Insider McClymont Donald

Role Chief Executive Officer

Sold 200,000 shs ($1.20M)

Approx. gross sale proceeds $1.20M

Approx. exercise cost $0.00

Approx. pre-tax spread $1.20M

Type	Security	Shares	Price	Value
Exercise	ADK Class A Units	200,000	$0.00	$0.00
Exercise	Class V Common Stock	200,000	$0.00	$0.00
Exercise	Class A Common Stock	200,000	$0.00	$0.00
Sale	Class A Common Stock	200,000	$6.0066	$1.20M
holding	Class A Common Stock	--	--	--

Holdings After Transaction: ADK Class A Units — 4,966,425 contracts (Direct); Class V Common Stock — 4,966,425 shares (Direct); Class A Common Stock — 135,602 shares (Direct); Class A Common Stock — 68,115 shares (Indirect, by spouse)

Footnotes (5)

1. F1. Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock. See note 2.
2. F2. Class A Common Stock received upon conversion of ADK Class A Units. The ADK Class A Units may be exchanged by the Reporting Person at any time after December 10, 2021 for an equal amount of shares of Class A Common Stock or, at the election of the Issuer, cash equal to the fair market value of such shares. Upon the Reporting Person's exchange of an ADK Class A Unit for Class A Common Stock, an equivalent number of shares of Class V Common Stock will be cancelled.
3. F3. The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 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 and prices through June 30, 2027.
4. F4. 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 $6.0066 to $6.0066, 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.
5. F5. N/A

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did INDI’s CEO report?

On 10/15/2025, the CEO exchanged 200,000 ADK Class A Units for 200,000 Class A shares and sold 200,000 Class A shares at $6.0066.

How many INDI shares does the reporting person hold after the transactions?

Direct holdings: 135,602 Class A and 4,966,425 Class V. Indirect: 68,115 Class A by spouse.

Was the INDI share sale under a 10b5-1 plan?

Yes. The sale was made under a Rule 10b5-1 trading plan adopted on June 13, 2025.

What was the sale price for the INDI shares?

The 200,000 Class A shares were sold at a weighted average price of $6.0066.

What happens to Class V shares when ADK units are exchanged?

An equivalent number of Class V Common Stock is cancelled upon exchange of ADK Class A Units for Class A shares.

How long does the 10b5-1 plan run for INDI’s CEO?

The plan includes automated open market sales on predetermined dates and prices through June 30, 2027.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 10/17/2025 - 05:45 PM Learn about SEC filing dates

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).

X

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^*

McClymont Donald

(Last) (First) (Middle)

32 JOURNEY

(Street)

ALISO VIEJO CA 92656

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
indie Semiconductor, Inc. [ INDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class V Common Stock	10/15/2025		M(1)		200,000	D	$0	4,966,425	D
Class A Common Stock	10/15/2025		M(2)		200,000	A	$0	335,602	D
Class A Common Stock	10/15/2025		S(3)		200,000	D	$6.0066(4)	135,602	D
Class A Common Stock								68,115	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
ADK Class A Units(2)	$0	10/15/2025		M			200,000	12/10/2021	(5)	Class A Common Stock	5,366,425	$0	4,966,425	D

Explanation of Responses:

1. Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock. See note 2.

2. Class A Common Stock received upon conversion of ADK Class A Units. The ADK Class A Units may be exchanged by the Reporting Person at any time after December 10, 2021 for an equal amount of shares of Class A Common Stock or, at the election of the Issuer, cash equal to the fair market value of such shares. Upon the Reporting Person's exchange of an ADK Class A Unit for Class A Common Stock, an equivalent number of shares of Class V Common Stock will be cancelled.

3. The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 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 and prices through June 30, 2027.

4. 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 $6.0066 to $6.0066, 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.

5. N/A

	/s/ Donald McClymont by Naixi Wu pursuant to power of attorney filed on June 21, 2021	10/17/2025
	** 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.