Form 4: indie Semiconductor COO Sells Shares
Insider Transaction (Form 4)
Michael Wittmann, Chief Operating Officer of indie Semiconductor, Inc., sold 40,625 shares of common stock on September 1, 2026 for $3.59 per share.
Summary
- Option exercise/conversion: acquired 37,500 Class A Common Stock on September 1, 2026; holds 156,547 after (Direct).
- Open-market sale: disposed of 22,181 Class A Common Stock at $3.59 ($79,548) on September 2, 2026; holds 134,366 after (Direct).
- Open-market sale: disposed of 18,444 Class A Common Stock at $3.59 ($66,146) on September 2, 2026; holds 115,922 after (Direct).
- Option exercise/conversion: disposed of 37,500 Restricted Stock Units on September 1, 2026; holds 75,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $145,693 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Michael Wittmann — Officer (Chief Operating Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-01 | Option exercise/conversion | Class A Common Stock | 37,500 | — | — | 156,547 |
| 2026-09-02 | Open-market sale | Class A Common Stock | 22,181 | $4 | $79.5K | 134,366 |
| 2026-09-02 | Open-market sale | Class A Common Stock | 18,444 | $4 | $66.1K | 115,922 |
| 2026-09-01 | Option exercise/conversion | Restricted Stock Units | 37,500 | — | — | 75,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-01 | Option exercise/conversion (37,500 shares) |
| 2026-09-02 | Open-market sale (22,181 shares) |
| 2026-09-02 | Open-market sale (18,444 shares) |
| 2026-09-01 | Option exercise/conversion (37,500 shares) |
Keywords
insider transaction, Form 4, INDI, indie Semiconductor, Inc., bearish, Michael Wittmann
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