Silicon Labs (NASDAQ: SLAB) exec sells shares under 10b5-1 plan
Rhea-AI Filing Summary
SILICON LABORATORIES INC. (SLAB) reported an open-market sale of common stock by senior vice president and general manager Robert J. Conrad. On 2026-08-14, he sold 6,581 shares of common stock at a per-share price of $218.21, leaving him with 23,815 shares held directly after the transaction. The company notes that these shares were sold pursuant to Conrad's Rule 10b5-1 Trading Plan, indicating the trades were executed under a pre-arranged plan.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 6,581 shares
Net Sell
1 txn
Insider
CONRAD ROBERT J
Role
Sr VP and General Manager
Sold
6,581 shs ($1.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.0001 par value F1 | 6,581 | $218.21 | $1.44M |
Holdings After Transaction:
Common Stock, $0.0001 par value — 23,815 shares (Direct)
Footnotes (1)
- F1. Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.
Key Figures
Shares sold: 6,581 shares
Sale price per share: $218.21 per share
Shares held after transaction: 23,815 shares
+2 more
5 metrics
Shares sold
6,581 shares
Common stock sale on 2026-08-14
Sale price per share
$218.21 per share
Price for 6,581 common shares sold on 2026-08-14
Shares held after transaction
23,815 shares
Direct ownership following the 6,581-share sale
Net buy/sell shares
-6,581 shares
Net share change across reported transactions
Number of sell transactions
1
Single open-market or private sale reported
Key Terms
Rule 10b5-1 Trading Plan, Common Stock, $0.0001 par value, Sr VP and General Manager
3 terms
Rule 10b5-1 Trading Plan regulatory
"Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Common Stock, $0.0001 par value financial
"security_title: Common Stock, $0.0001 par value"
Sr VP and General Manager other
"officer_title: Sr VP and General Manager"
FAQ
What insider transaction did SLAB executive Robert J. Conrad report?
Robert J. Conrad reported a sale of 6,581 shares of Silicon Laboratories common stock on 2026-08-14 at a price of $218.21 per share. The transaction was executed as an open-market or private sale.
Was Robert J. Conrad’s SLAB stock sale under a Rule 10b5-1 trading plan?
Yes. The filing states the 6,581 SLAB shares sold on 2026-08-14 were "sold pursuant to Reporting Person's 10b5-1 Trading Plan," indicating they were executed under a pre-arranged plan.
What role does Robert J. Conrad hold at Silicon Laboratories (SLAB)?
Robert J. Conrad is identified as Sr VP and General Manager at Silicon Laboratories. His status as an executive officer requires reporting transactions like this 6,581-share sale of common stock on Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.