Similarweb (SMWB) CEO sells option shares in one-day August 26 trade
Rhea-AI Filing Summary
SIMILARWEB LTD. (SMWB) reported that Chief Executive Officer Offer Or exercised several option grants and sold the resulting ordinary shares on August 26, 2026. He exercised options covering 383,127 ordinary shares at exercise prices of $0.40, $2.71, and $3.04 per share and acquired the corresponding shares. On the same date, he sold all 383,127 ordinary shares in a series of open market or private transactions at weighted average prices ranging from about $9.00 to just over $9.05 per share. The form does not report his post-transaction share or option holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 383,127 shares ($2.46M approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
Offer Or
Role
Chief Executive Officer
Sold
383,127 shs ($3.45M)
Approx. gross sale proceeds
$3.45M
Approx. exercise cost
$994K
Approx. pre-tax spread
$2.46M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options to purchase one Ordinary Share F1 | 164,817 | $0.00 | $0.00 |
| Exercise | Options to purchase one Ordinary Share F1 | 39,302 | $0.00 | $0.00 |
| Exercise | Options to purchase one Ordinary Share F1 | 39,000 | $0.00 | $0.00 |
| Exercise | Options to purchase one Ordinary Share F1 | 140,008 | $0.00 | $0.00 |
| Exercise | Ordinary shares F2 | 164,817 | $2.71 | $447K |
| Sale | Ordinary shares F3 | 164,817 | $9.0006 | $1.48M |
| Exercise | Ordinary shares F2 | 39,302 | $2.71 | $107K |
| Sale | Ordinary shares F4 | 39,302 | $9.0121 | $354K |
| Exercise | Ordinary shares F2 | 39,000 | $0.40 | $16K |
| Sale | Ordinary shares F5 | 39,000 | $9.0043 | $351K |
| Exercise | Ordinary shares F2 | 140,008 | $3.04 | $426K |
| Sale | Ordinary shares F6 | 140,008 | $9.0054 | $1.26M |
Holdings After Transaction:
Options to purchase one Ordinary Share — 1,500,000 shares (Direct);
Ordinary shares — 4,598,291 shares (Direct)
Footnotes (6)
- F1. The options reported herein were exercised and the underlying shares were sold on the same date as reported in Table I.
- F2. The shares were acquired upon the exercise of stock options
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $9.00 to $9.01. 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 $9.012 to $9.03. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
- F5. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $9.00 to $9.05. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
- F6. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $9.00 to $9.055. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request
Key Figures
Options exercised: 383,127 shares
Shares sold: 383,127 shares
Exercise price: $2.71 per share
+5 more
8 metrics
Options exercised
383,127 shares
Total underlying SIMILARWEB LTD. ordinary shares from option exercises on August 26, 2026
Shares sold
383,127 shares
Ordinary shares sold by Offer Or on August 26, 2026
Exercise price
$2.71 per share
Option exercise price for 204,119 options (164,817 + 39,302) exercised August 26, 2026
Exercise price
$0.40 per share
Option exercise price for 39,000 options exercised August 26, 2026
Exercise price
$3.04 per share
Option exercise price for 140,008 options exercised August 26, 2026
Sale price (weighted average)
$9.0006 per share
Weighted average price for sale of 164,817 ordinary shares
Sale price (weighted average)
$9.0121 per share
Weighted average price for sale of 39,302 ordinary shares
Net share change
-383,127 shares
Net of all reported buys and sells in transactionSummary (net-sell direction)
Key Terms
derivative security, stock options, weighted average price, open market or private transaction
4 terms
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
stock options financial
"The shares were acquired upon the exercise of stock options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
weighted average price financial
"The price reported is a weighted average price."
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.
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction"
FAQ
What did SMWB CEO Offer Or report in this Form 4 transaction?
Offer Or exercised stock options for 383,127 ordinary shares of SIMILARWEB LTD. and sold all of those shares on August 26, 2026 in a series of transactions described as open market or private transactions.
What option exercise prices were reported in SMWB CEO Offer Or’s Form 4?
Offer Or exercised options to acquire SIMILARWEB LTD. ordinary shares at exercise prices of $0.40, $2.71, and $3.04 per share, covering a total of 383,127 underlying shares.
Does the Form 4 state Offer Or’s remaining SMWB holdings after these trades?
No. The non-derivative and derivative transaction lines in the Form 4 list the exercised and sold shares, but the total shares following the transactions are not reported in the structured data provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.