INDI indie Semiconductor, Inc. Insider Trading

President Ichiro Aoki sold 300,000 shares (73.7% of holdings) for $1.6M at $5.18–$5.19 on 2026-06-02; stock now $4.88.

Ichiro Aoki executed 2 separate sales totaling 300,000 shares for $1,553,050.00, reducing his stake from 407,148 shares to 107,148 shares—a 73.7% reduction. The sales occurred at prices of $5.19 and $5.16, compared to the current price of $4.88, indicating the shares were sold above current levels. Notably, at INDI specifically, Aoki's prior 5 sales (conducted March 2026 and November 2025) all generated positive 90-day returns, with gains ranging from +7.3% to +70.2%, meaning the stock rallied after each prior sale—a pattern of poorly-timed exits. This latest sale follows that established pattern: the insider sold near the stock's 52-week high of $6.05, and the stock has since declined to $4.88 (-19.3% from that peak). Fundamentally, the company reported net income of $-43,192,000.00 against revenue of $55,457,000.00 in the latest quarter, with annual revenue growth of only +0.3% and unprofitability over the most recent full fiscal year, creating a challenging backdrop for equity value.

INDI President Ichiro Aoki executes 6 scheduled sales totaling 729.9K shares for $3.8M at blended avg $5.20 via 10b5-1 plan

Ichiro Aoki, President of indie Semiconductor, executed 6 separate sales totaling 729,900 shares for $3,793,160.90 under a 10b5-1 trading plan adopted on 2025-12-08, reducing his non-derivative (Table I) holdings from 836,069 shares to 106,169 shares. Because this is a pre-scheduled, non-discretionary sale, the timing relative to INDI's +22.0% 30-day and +36.3% 90-day price gains carries no informational weight about insider intent. Aoki retains substantial economic exposure through 17,895,672 total derivative units across 6 ADK Class A Unit positions in Table II, meaning this filing represents a scheduled sale of a specific non-derivative batch rather than a reduction of his overall position. His 5 prior sell transactions at INDI have each been followed by significant price appreciation — 90-day returns of +68.4%, +63.0%, +70.2%, +10.4%, and +7.3% — though those trades were also scheduled under a plan and the company continues to report negative net income of $-43,192,000 on quarterly revenue of $55,457,000.

Aoki Ichiro (President) sold 200,000 shares for $643,185.00 via pre-arranged 10b5-1 plan; post-sale holdings fall to 100,952 shares.

Aoki Ichiro executed 3 separate sales totaling 200,000 shares for $643,185.00 across three consecutive trading days (March 25-27, 2026) at prices ranging from $3.14 to $3.28, with a blended average price of $3.22. This transaction reduced his shareholdings from 300,952 shares to 100,952 shares, representing a reduction of 66.5% of his prior position. The transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-08, meaning the sales were scheduled in advance and not subject to discretionary timing decisions. As a Form 4 disclosure by the company President, this activity is material and requires investor awareness, though the automated nature of the plan limits inference about current conviction.

President Aoki Ichiro sold 175,000 shares (67.9% of holdings) at $3.56–$3.66 as stock down 42.8% in 30 days

Aoki Ichiro, President of indie Semiconductor, executed 3 separate sales totaling 175,000 shares for $622,742.50 over November 17–19, reducing his holdings from 257,634 to 82,634 shares (a 67.9% net reduction). The sales occurred at prices ranging from $3.44 to $3.66 against a current price of $3.43, with the blended average price of $3.56 near current levels. Notably, the stock has fallen 42.8% in the past 30 days and 19.9% over 90 days from a 52-week high of $6.00. Across his prior trades at INDI, Aoki achieved a 100% well-timed rate at the 90-day mark (3 of 3 prior sales preceded declines), suggesting his sales often precede unfavorable price action. The company context is material: the firm is unprofitable (latest quarter net income of $-38,289,000.00), generated only $53,676,000.00 in quarterly revenue, and experienced negative annual revenue growth of -2.9%. This large proportional disposal by the President during a period of sharp stock decline and operational underperformance warrants scrutiny of underlying business conditions and whether this reflects heightened sensitivity to near-term headwinds.

President Aoki Ichiro sells 325,000 shares (79.7% of holdings) for $1,272,467.50 at INDI

Aoki Ichiro, President of Indie Semiconductor, executed 2 separate sales totaling 325,000 shares (79.7% of pre-transaction holdings) for $1,272,467.50 on November 13–14, 2025, reducing his stake from 407,634 shares to 82,634 shares. The company faces significant headwinds: net income was $-38,289,000.00 in the latest quarter, revenue declined 2.9% year-over-year, and the stock has fallen 39.7% from its 52-week high of $6.00, trading now at $3.62—well below the transaction prices of $3.92 and $3.91. His prior 4 sales at this ticker were all well-timed at the 90-day mark, with negative 90-day returns ranging from -38.5% to -41.4%, and his cross-ticker selling record shows a 100.00% well-timed rate with an average 90-day return of -43.8%, suggesting a consistent pattern of exiting positions before declines. The substantial reduction in his personal holdings, combined with deteriorating financial fundamentals and his historical accuracy in timing exits, warrants investor review.

CEO Donald McClymont sold 200,000 shares of INDI at $6.01 under 10b5-1 plan adopted June 2025

CEO Donald McClymont sold 200,000 shares (200.0K shares) at $6.01 for $1,201,320.00 under a pre-arranged 10b5-1 trading plan adopted on 2025-06-13, reducing his stake from 335,602 shares to 135,602 shares. This is a scheduled, non-discretionary transaction executed pursuant to an established plan, meaning the timing and execution reflect pre-set parameters rather than current market judgment. While the sale represents a substantial 59.6% reduction in his post-transaction holdings, the scheduled nature precludes drawing inferences about conviction or market outlook from the transaction itself. Investors should note the significant reduction in CEO share ownership relative to pre-sale levels and monitor whether the CEO participates in subsequent open-market transactions outside the 10b5-1 framework.

CEO Donald McClymont sold 188,700 shares of INDI at $4.01 (9/22/25) via pre-arranged 10b5-1 plan; holdings reduced 58.2% to 135,602 shares

McClymont sold 188,700 shares at $4.01 on 2025-09-22 under a 10b5-1 trading plan adopted 2025-06-13, reducing his holdings from 324,302 shares to 135,602 shares—a 58.2% reduction in position. Because the sale is part of a scheduled trading plan rather than a discretionary transaction, timing inferences do not apply; the sale was pre-arranged and non-discretionary. The material reduction in CEO holdings warrants examination of the underlying business trajectory and market context, though the scheduled nature constrains interpretation of this specific execution.

CEO McClymont Donald sold 150,000 shares of INDI at $3.87 under pre-arranged 10b5-1 plan; holdings reduced to 135,602 shares

McClymont Donald, Chief Executive Officer of indie Semiconductor, sold 150,000 shares at $3.87 on 2025-09-12 under a 10b5-1 trading plan adopted 2025-06-13, reducing his holdings from 285,602 shares to 135,602 shares. The sale represents a scheduled, non-discretionary transaction executed per a pre-arranged plan, meaning the timing and pricing reflect the plan's mechanics rather than current investment judgment. The reduction of 150,000 shares constitutes a significant decrease in direct CEO holdings, though the plan structure eliminates timing-based inference about company outlook.

INDI CEO McClymont Donald sold 200,000 shares (91.6% of holdings) for $942.5K on 2024-11-12, retaining only 18.4K shares.

Donald McClymont filed 5 separate sales totaling 200,000 shares for $942,500.00 on 2024-11-12, executed at prices ranging from $4.70 to $4.72 (blended average $4.71). This represents a -91.6% reduction of his pre-transaction holdings of 218,351 shares, leaving him with only 18,351 shares. The stock now trades at $4.46, down 3.5% from the transaction prices. The CEO's cross-ticker track record shows 1 prior sell with a 90d well-timed rate of 100.00%, and his one prior sale at INDI (2023-12-07) also achieved negative 90-day returns (-13.0%), indicating past sells preceded stock declines. Against this backdrop, the near-complete liquidation of his position warrants investor scrutiny: the company posted a net loss of $49.7M on $54.0M revenue in the latest quarter and remains unprofitable on a full-year basis, even as annual revenue has grown +101.4%. The combination of a distressed financial profile and a seasoned insider shedding nearly all equity ownership creates a material signal for shareholders to evaluate.

President Aoki Ichiro sold 150,000 shares (80.4% of holdings) for $937,500.00 under pre-arranged 10b5-1 plan

Aoki Ichiro sold 150,000 shares in two separate transactions on 2024-06-20 and 2024-06-21 at prices of $6.26 and $6.24 respectively, reducing his holdings from 186,631 shares to 36,631 shares—a disposal of 80.4% of his pre-transaction position for a combined $937,500.00. This sale was executed under a 10b5-1 trading plan adopted on 2024-03-14, making it a scheduled transaction rather than a discretionary decision. The magnitude of the position reduction—eliminating four-fifths of his stake—is material and warrants examination of the plan's original intent and timing relative to company events; investors should review the adoption circumstances and any contemporaneous filings to assess whether the plan reflected confidence at that point or addressed other circumstances.