Similarweb (NYSE: SMWB) CEO sells shares after August option exercises
Rhea-AI Filing Summary
SIMILARWEB LTD. Chief Executive Officer Offer Or reported multiple transactions in the company’s Ordinary Shares on August 13–14, 2026. He exercised options covering 563,492 Ordinary Shares at exercise prices of $0.40 and $3.04 per share, and the underlying shares were acquired and then sold on the same dates.
Across these transactions, he sold a total of 709,597 Ordinary Shares in market sales at weighted average prices generally in the $8.66–$9.005 range, according to the price footnotes. The filing does not state his resulting share ownership after these transactions.
Positive
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Negative
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
14 txns
Insider
Offer Or
Role
Chief Executive Officer
Sold
709,597 shs ($6.26M)
Approx. gross sale proceeds
$6.26M
Approx. exercise cost
$987K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options to purchase one Ordinary Share F5 | 59,992 | $0.00 | $0.00 |
| Exercise | Options to purchase one Ordinary Share F5 | 75,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F6 | 59,992 | $3.04 | $182K |
| Sale | Ordinary Shares F3 | 59,992 | $8.9006 | $534K |
| Exercise | Ordinary Shares F6 | 75,000 | $0.40 | $30K |
| Sale | Ordinary Shares F4 | 75,000 | $8.852 | $664K |
| Exercise | Options to purchase one Ordinary Share F5 | 228,500 | $0.00 | $0.00 |
| Exercise | Options to purchase one Ordinary Share F5 | 200,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F6 | 228,500 | $3.04 | $695K |
| Sale | Ordinary Shares F1 | 228,500 | $8.8215 | $2.02M |
| Exercise | Ordinary Shares F6 | 200,000 | $0.40 | $80K |
| Sale | Ordinary Shares F2 | 200,000 | $8.7864 | $1.76M |
| Sale | Ordinary Shares | 106,105 | $8.75 | $928K |
| Sale | Ordinary Shares | 40,000 | $8.90 | $356K |
Holdings After Transaction:
Options to purchase one Ordinary Share — 879,008 shares (Direct);
Ordinary Shares — 4,598,291 shares (Direct)
Footnotes (6)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $8.66 to $9.005. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $8.69 to $8.88. 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 $8.90 to $8.92. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $8.85 to $8.87. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
- F5. The options reported herein were exercised and the underlying shares were sold on the same date as reported in Table I.
- F6. The shares were acquired upon the exercise of stock options
Key Figures
Total shares sold: 709,597 shares
Options exercised (underlying shares): 563,492 shares
Exercise price: $0.40 per share
+4 more
7 metrics
Total shares sold
709,597 shares
Aggregate Ordinary Shares sold by Offer Or per transactionSummary
Options exercised (underlying shares)
563,492 shares
Total underlying Ordinary Shares from option exercises (M code) per transactionSummary
Exercise price
$0.40 per share
Exercise price on certain options to purchase one Ordinary Share
Exercise price
$3.04 per share
Exercise price on another set of options to purchase one Ordinary Share
Weighted average sale price
$8.8215 per share
Weighted average price for 228,500-share sale on 2026-08-13 (footnote F1)
Weighted average sale price
$8.7864 per share
Weighted average price for 200,000-share sale on 2026-08-13 (footnote F2)
Sale price
$8.9000 per share
Price for 40,000-share sale on 2026-08-13 without footnote qualification
Key Terms
weighted average price, Exercise or conversion of derivative security, Options to purchase one Ordinary Share, Ordinary Shares
4 terms
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
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.
Exercise or conversion of derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security""
FAQ
What did SIMILARWEB (SMWB) CEO Offer Or report in this Form 4?
Offer Or reported option exercises and related share sales on August 13–14, 2026. He exercised options for 563,492 Ordinary Shares and then sold 709,597 shares in market transactions at various weighted average prices disclosed in the filing.
What options did the SIMILARWEB (SMWB) CEO exercise in this Form 4?
Offer Or exercised options over 563,492 Ordinary Shares, consisting of options at exercise prices of $0.40 and $3.04 per share. The footnotes state the options were exercised and the underlying shares were sold on the same dates as the reported stock sales.
Does this SIMILARWEB (SMWB) Form 4 indicate trading under a Rule 10b5-1 plan?
The filing’s Rule 10b5‑1 checkbox is not marked as affirmative, and the footnotes do not mention any trading plan. The disclosure therefore only confirms the reported option exercises and share sales, without describing them as executed under a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.