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  4. [Form 4] indie Semiconductor, Inc. Insider Trading Activity

indie Semiconductor COO sells 17K shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

indie Semiconductor, Inc. (INDI) reported insider equity activity by Chief Operating Officer Michael Wittmann. On August 28, 2026, he received a grant of 32,958 Restricted Stock Units, fully vested at grant and issued in lieu of cash under the 2026 Short Term Incentive Bonus Plan, which were then converted into the same number of Class A Common shares. On August 31, 2026, additional RSUs vested and 6,250 shares of Class A Common Stock were acquired upon RSU conversion. Also on August 31, Wittmann sold 17,045 shares at $3.7196 per share in the open market to pay withholding taxes related to RSU vesting.

Positive

  • None.

Negative

  • None.
Insider Wittmann Michael
Role Chief Operating Officer
Sold 17,045 shs ($63K)
Approx. gross sale proceeds $63K
Type Security Shares Price Value
Exercise Restricted Stock Units F2, F4 6,250 $0.00 $0.00
Sale Class A Common Stock F1 17,045 $3.7196 $63K
Exercise Class A Common Stock 6,250 $0.00 $0.00
Grant/Award Restricted Stock Units F2, F3 32,958 $0.00 $0.00
Exercise Restricted Stock Units F2, F3 32,958 $0.00 $0.00
Exercise Class A Common Stock 32,958 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Class A Common Stock — 119,047 shares (Direct)
Footnotes (4)
  1. 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").
  2. F2. Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock.
  3. 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.
  4. F4. Such Restricted Stock Units vest at the rate of 25% annually beginning on August 31, 2023.
Shares sold 17,045 shares of Class A Common Stock Sold on 2026-08-31 to pay withholding taxes on RSU vesting
Sale price $3.7196 per share Open-market sale of 17,045 INDI shares on 2026-08-31
RSU grant 32,958 Restricted Stock Units Fully vested RSU grant on 2026-08-28 in lieu of cash bonus
Shares from RSU conversion (2026-08-28) 32,958 shares of Class A Common Stock Acquired upon conversion of fully vested RSUs on 2026-08-28
Shares from RSU conversion (2026-08-31) 6,250 shares of Class A Common Stock Acquired upon RSU vesting and conversion on 2026-08-31
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
"shares of Class A Common Stock sold in the open market to pay for withholding taxes"
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
"shares received in lieu of cash in accordance with the terms of the Issuer's 2026 Short Term Incentive Bonus Plan"

FAQ

What insider transactions did INDI COO Michael Wittmann report on this Form 4?
Michael Wittmann reported grants and vesting of RSUs that converted into Class A Common Stock and a sale of 17,045 shares on August 31, 2026, primarily related to equity compensation and associated tax withholding.

How many INDI Restricted Stock Units did Michael Wittmann receive on August 28, 2026?
On August 28, 2026, Michael Wittmann received a grant of 32,958 Restricted Stock Units, each representing a right to receive one share of Class A Common Stock. These RSUs were fully vested at the grant date and issued in lieu of cash under the 2026 Short Term Incentive Bonus Plan.

How many INDI shares did Michael Wittmann sell and at what price?
On August 31, 2026, Michael Wittmann sold 17,045 shares of INDI Class A Common Stock at $3.7196 per share in the open market. The filing states this sale was made to pay withholding taxes related to vesting RSUs.

Were Michael Wittmann’s INDI share sales made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked and the footnotes do not reference a trading plan, so the filing does not state that these transactions were executed under a Rule 10b5-1 plan.

What does each INDI Restricted Stock Unit represent in Michael Wittmann’s Form 4?
Each Restricted Stock Unit reported for Michael Wittmann represents a contingent right to receive one share of INDI Class A Common Stock, according to the filing’s footnote describing the RSU terms.

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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)
08/28/2026		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 Stock08/28/2026M32,958A$0129,842D
Class A Common Stock08/31/2026S(1)17,045D$3.7196112,797D
Class A Common Stock08/31/2026M6,250A$0119,047D
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
Restricted Stock Units(2)08/28/2026A32,958 (3) (3)Class A Common Stock32,958$032,958D
Restricted Stock Units(2)08/28/2026M32,958 (3) (3)Class A Common Stock32,958$00D
Restricted Stock Units(2)08/31/2026M6,250 (4) (4)Class A Common Stock12,500$00D
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.
4. Such Restricted Stock Units vest at the rate of 25% annually beginning on August 31, 2023.
/s/ Michael Wittmann, by Naixi Wu pursuant to power of attorney filed on January 22, 202409/01/2026
** 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)

Source: View Original Filing on SEC EDGAR