Similarweb CEO sells 79,591 shares near $8.53
Amended Form 4 corrects a duplicate filing and confirms a single set of CEO share sales under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
SIMILARWEB LTD. (SMWB) reports that Chief Executive Officer Offer Or sold a total of 79,591 Ordinary Shares in open‑market transactions on September 14 and 15, 2026 under a pre‑arranged Rule 10b5-1 trading plan. An earlier pair of Forms 4 had inadvertently double‑reported these sales; this amendment clarifies that only one set of transactions occurred.
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Insider Trade Summary 10b5-1
Net Seller: 79,591 shares
Net Sell
2 txns
Insider
Offer Or
Role
Chief Executive Officer
Sold
79,591 shs ($679K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F3 | 26,691 | $8.5267 | $228K |
| Sale | Ordinary Shares F1, F2 | 52,900 | $8.5378 | $452K |
Holdings After Transaction:
Ordinary Shares — 4,253,500 shares (Direct)
Footnotes (3)
- F1. The sale reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1st, 2026
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $8.07 to $8.70. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $8.32 to $8.70. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Key Figures
Shares sold on September 14, 2026: 52,900 shares
Weighted average sale price on September 14, 2026: $8.5378 per share
Shares sold on September 15, 2026: 26,691 shares
+3 more
6 metrics
Shares sold on September 14, 2026
52,900 shares
Ordinary Shares sold by the CEO in open‑market transactions
Weighted average sale price on September 14, 2026
$8.5378 per share
Based on multiple trades between $8.07 and $8.70
Shares sold on September 15, 2026
26,691 shares
Ordinary Shares sold by the CEO in open‑market transactions
Weighted average sale price on September 15, 2026
$8.5267 per share
Based on multiple trades between $8.32 and $8.70
Total shares sold in this reporting period
79,591 shares
Sum of the CEO’s reported open‑market sales on September 14–15, 2026
Rule 10b5-1 plan adoption date
June 1, 2026
Date the CEO adopted the trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price
2 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1st, 2026"
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.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SIMILARWEB (SMWB) report in this amended Form 4?
The company reports that Chief Executive Officer Offer Or sold 79,591 Ordinary Shares in total, consisting of 52,900 shares on September 14, 2026 and 26,691 shares on September 15, 2026, in open‑market transactions at weighted average prices per share disclosed in the filing.
Why did SIMILARWEB (SMWB) file this Form 4/A amendment?
The amendment clarifies that only one set of transactions occurred. Earlier Forms 4 had inadvertently reported the same sales twice, and this filing instructs readers to disregard the duplicate report so the insider’s trading record reflects a single pair of transactions.
Were the SIMILARWEB (SMWB) CEO’s sales made under a Rule 10b5-1 plan?
Yes. A footnote states the sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2026, indicating they were pre‑arranged under that plan rather than timed discretionarily.
Does the amended Form 4 disclose the CEO’s remaining SIMILARWEB (SMWB) holdings?
No. The lines describing the transactions do not state a post‑transaction share balance for the reporting person, so only the number of shares sold and the sale prices are disclosed in this amendment.
AI-generated analysis. How Rhea-AI works. Not financial advice.