INDI indie Semiconductor, Inc. Insider Trading

Ichiro Aoki (President) sold 300,562 shares at INDI for $1,555,925.70 across 3 transactions on 2026-06-02

Ichiro Aoki executed 3 separate sales totaling 300,562 shares for $1,555,925.70 at a blended average price of $5.18, reducing his non-derivative holdings by 73.7% to 107,148 shares. The company faces significant headwinds: annual revenue growth stands at +0.3%, net income is negative at $-43,192,000.00 ($-43.2M) for the latest quarter, and the company was unprofitable over its most recent full fiscal year. However, his prior 5 sales at INDI show a poor timing pattern, with 0 of 5 well-timed at the 90-day mark—all 5 sales were followed by positive 90-day returns (ranging from +7.3% to +70.2%), meaning he sold before subsequent gains. The current stock price of $4.88 is 19.3% below the 52-week high of $6.05 and represents an 11.9% increase over 30 days, but the sustained unprofitability and flat growth trajectory suggest structural challenges independent of near-term price action. Note: derivative holdings of 5,080,265 shares remain outstanding across four vehicles.

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.