Similarweb officer plans $8.8M sale of 1M shares
Rhea-AI Filing Summary
SIMILARWEB LTD. (SMWB) received a notice that company officer Or Offer plans to sell ordinary shares under SEC Rule 144 through Oppenheimer & Co. Inc. The notice covers up to 1,000,000 ordinary shares, with a stated aggregate market value of $8,840,000, to be sold pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 1, 2026.
The filing also reports recent Rule 144 sales of Similarweb ordinary shares over the prior three months, providing context on the scale and timing of Or Offer’s ongoing share-disposition program relative to the company’s total of 86,962,202 ordinary shares outstanding.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 1,000,000 ordinary shares
Aggregate market value of proposed sale: $8,840,000
Shares outstanding: 86,962,202 ordinary shares
+5 more
8 metrics
Shares proposed to be sold
1,000,000 ordinary shares
Maximum amount covered by the Form 144 notice
Aggregate market value of proposed sale
$8,840,000
Value of the 1,000,000 shares referenced in the notice
Shares outstanding
86,962,202 ordinary shares
Total ordinary shares of SIMILARWEB LTD. outstanding for this class
Shares sold August 13, 2026
574,605 shares
Ordinary shares sold for $15,201,232.74 during the past three months
Proceeds August 13, 2026
$15,201,232.74
Aggregate sale price for 574,605 ordinary shares
Shares sold August 14, 2026
134,992 shares
Ordinary shares sold for $1,197,865.01 during the past three months
Shares sold August 26, 2026
383,127 shares
Ordinary shares sold for $3,449,637.20 during the past three months
Founder Shares acquired
3,026,291 shares
Founder Shares of SIMILARWEB LTD. acquired on February 19, 2009 for cash
Key Terms
Rule 144, Rule 10b5-1 trading plan, Founder Shares, Authorized Signatory
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1 trading plan regulatory
"The securities are being sold pursuant to a Rule 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.
Authorized Signatory regulatory
"Title: Authorized Signatory, Oppenheimer Israel (pursuant to delegation)"
FAQ
Who is the broker handling Or Offer’s planned SIMILARWEB LTD. (SMWB) Rule 144 sales?
The planned sales of SIMILARWEB LTD. ordinary shares are to be executed through Oppenheimer & Co. Inc., located at 85 Broad Street, New York, NY 10004, as listed in the securities information section.
AI-generated analysis. How Rhea-AI works. Not financial advice.