Early Access — free while we kick the tires
EdgarHawk

Dadgar Armon

CHIEF TECHNOLOGY OFFICER

Director Officer 10% Owner
15 filings analyzed · 1 company · Latest 2024-12-26

Companies

Company Buys Sells Direction
HashiCorp, Inc. HCP 0 32 Net selling

Activity

December 2024
2024-12-26 HashiCorp, Inc. HCP
medium
Sell
17,800 shares
$609,280
Significance 4/10

HashiCorp CTO Armon sold 17,800 shares at $34.23 on 2024-12-24; stock near 52-week high of $34.27.

Dadgar Armon, Chief Technology Officer, sold 17,800 shares (17.8K shares) at $34.23, reducing his holdings by -36.2% from 49,148 shares to 31,348 shares. The sale occurred near the 52-week high of $34.27, with the current price at $34.18 (-0.3% from that peak). At the same-ticker level, Armon has executed 5 prior sells at HCP over recent months (2024-10-02 through 2024-12-02), with measurable 30-day outcomes showing minimal impact (+0.2%, +0.1%, -0.8%, +1.1%, and one pending). The company remains unprofitable on a full-year basis (net income: $-13.0M) despite quarterly revenue of $173.4M and annual growth of +22.5%. This sale represents a material reduction in the insider's equity stake at a price near peak recent levels, without evidence of sustained well-timed exit patterns at this ticker.

2024-12-04 HashiCorp, Inc. HCP
medium
Sell
35,903 shares
$1,205,705
Significance 4/10

CTO Armon sells 35,903 HCP shares at $33.58 on 2024-12-02; retains 1,520,000 shares post-sale

CTO Dadgar Armon sold 35,903 shares of HashiCorp at $33.58, reducing his position by 2.3% to 1,520,000 shares retained. This sale occurs while the stock is near its 52-week high of $34.08 and as the company remains unprofitable with a net loss of $26,462,000 on trailing revenue of $165,138,000. Notably, this represents the insider's fifth consecutive sale at HCP within a span of roughly 2 months (prior sells on 2024-11-22, 2024-11-04, 2024-10-22, and 2024-10-02), establishing a consistent pattern of incremental reductions rather than a single or isolated disposition. The FLAG notes this involves a derivative conversion; the Table I shares_after figure should not be read as the insider's complete equity stake, as derivative holdings tracked in Table II are not yet populated in the database.

November 2024
2024-11-25 HashiCorp, Inc. HCP
low
Sell
35,903 shares
$1,217,069
Significance 4/10

CTO Dadgar Armon sold 35,903 shares of HCP at $33.90 on 2024-11-22; retains 1,520,000 shares post-transaction.

Armon sold 35,903 shares at $33.90, reducing his holdings by 2.3% but maintaining a substantial 1,520,000 share position post-transaction. The sale occurred near the 52-week high ($34.08), with the current price at $33.92, suggesting execution near peak valuation. His prior five sales at HCP span September through November 2024 with mixed short-term outcomes (-0.4% to +0.2% on 30-day measures), and measurable 90-day results remain pending for all recent trades. Against his cross-ticker track record (20 prior sells, 7.69% well-timed rate with +9.6% average 90-day return), this represents a modest continuation of recent selling activity rather than a material position reduction.

2024-11-05 HashiCorp, Inc. HCP
low
Sell
35,904 shares
$1,215,591
Significance 4/10

HashiCorp CTO Dadgar sold 35,904 shares at $33.86; retains 1,520,000 shares post-transaction.

Armon Dadgar, CTO of HashiCorp, sold 35,904 shares on 2024-11-04 at $33.86, reducing holdings from 1.56M to 1.52M shares (a -2.3% reduction). The current stock price of $33.85 sits near the 52-week high of $33.99, within -0.4% of peak levels. This transaction occurs in the context of a company that generated $165.1M in quarterly revenue with +22.5% annual growth, but reported a net loss of $26.5M in the most recent quarter and remains unprofitable on a full-year basis. Dadgar's cross-ticker track record shows 20 prior open-market sells with an average 90-day return of +12.1% and a well-timed rate of 0.00%, indicating his sales have historically been followed by stock price increases rather than declines. At this specific ticker (HCP), his five prior sales—all clustered in late September and early October 2024—have similarly shown neutral or slightly positive returns in the 30-day window, with no measurable 90-day outcomes yet available. The sale is classified as a derivative-conversion transaction and does not represent the insider's full position, which has additional holdings in derivative securities not yet reflected in the database.

October 2024
2024-10-23 HashiCorp, Inc. HCP
medium
Sell
35,904 shares
$1,214,280
Significance 4/10

HashiCorp CTO Armon Dadgar sells 35,904 shares at $33.82; retains 1.52M shares amid unprofitable fundamentals

Dadgar sold 35,904 shares for $1,214,280.46, representing a -2.3% reduction of his holdings to 1.52M shares. The sale occurred at $33.82, near the 52-week high of $33.99, and follows four other sales at HCP since September 3, 2024, indicating a sustained pattern of share reductions. HashiCorp's latest quarterly revenue of $165.1M is growing at +22.5% year-over-year, but the company reported a net loss of $26.5M in the quarter and remains unprofitable on a full-year basis, creating tension between revenue momentum and operational losses. Dadgar's cross-ticker track record shows 20 prior sells with a 0.00% well-timed rate at the 90-day mark (average 90d return +16.1%), meaning prior sales occurred before stock gains—not a pattern that supports well-timed market exits.

2024-10-03 HashiCorp, Inc. HCP
medium
Sell
35,904 shares
$1,215,095
Significance 4/10

CTO Dadgar Armon sold 35,904 shares of HashiCorp at $33.84; retains 1.52M shares post-sale

Armon sold 35,904 shares on 2024-10-02 at $33.84, reducing his holdings by -2.3% to 1,520,000 shares. This sale occurs amid a series of recent HCP transactions by the same insider (five trades since August 22, 2024), though outcome data for the three most recent sales remain unmeasurable. The company reported unprofitable operations (net income: $-26,462,000.00) despite solid annual revenue growth of +22.5% to $165,138,000.00; this unprofitability context frames the sale against HashiCorp's operational losses. The current stock price of $33.88 is -0.3% from the 52-week high ($33.99) and closely tracks the transaction price, placing the sale near peak valuation levels. No evidence of derivative-position context is currently available in the database for this filing.

September 2024
2024-09-25 HashiCorp, Inc. HCP
high
Sell
53,563 shares
$1,810,762
Significance 6/10

CTO Dadgar Armon sold 53,563 shares for $1,810,761.91 at blended avg $33.81

Dadgar Armon, Chief Technology Officer of HashiCorp, conducted two separate open-market sales totaling 53,563 shares for $1,810,761.91 at a blended average price of $33.81, reducing his post-transaction holdings to 27,275 shares (a -66.3% reduction vs pre-transaction holdings of 80,838 shares). The sale prices ($33.80–$33.81) align closely with the current price of $33.84, near the 52-week high of $33.99, suggesting execution at elevated valuation levels. However, the company remains unprofitable with net income of $-26,462,000.00 against revenue of $165,138,000.00, though it achieved annual revenue growth of +22.5%. A material FLAG notes this filing involves a derivative-conversion transaction, meaning the Table I shares_after (27,275) do not represent the insider's total position; the full position lives in Table II (derivative securities), not yet populated in the database, so the economic significance of this partial sale cannot be assessed in isolation.

2024-09-23 HashiCorp, Inc. HCP
medium
Sell
22,779 shares
$770,866
Significance 4/10

HashiCorp CTO Armon Dadgar sold 22,779 shares at $33.84 (09/20), reducing holdings 33.6% to 44.9K shares

Dadgar sold 22,779 shares at $33.84, paring his open-market holdings from 67.7K to 44.9K shares (a 33.6% reduction of pre-transaction holdings). This is a partial liquidation of a specific batch of shares, not a complete position exit, and the company has flagged a derivative-conversion transaction, meaning his total position includes unreported derivative holdings. At the cross-ticker level, Dadgar's prior sells have averaged +6.4% gain over 30 days and +24.1% over 90 days, with a 0.00% well-timed rate at the 90-day mark—his prior sales occurred before stock gains rather than declines, indicating past sales have been consistently poorly timed. At HCP specifically, his 5 prior trades show minimal measurable outcomes, with early 30-day results near flat or marginally positive. The company is unprofitable (net income $-26.5M on $165.1M revenue), though it is growing revenue at 22.5% annually. The current price of $33.82 is within 0.5% of the 52-week high, limiting the signal power of a sale near peak levels.

2024-09-04 HashiCorp, Inc. HCP
low
Sell
35,904 shares
$1,214,654
Significance 4/10

CTO Dadgar Armon sold 35,904 shares (35.9K) of HCP at $33.83; holds 1,520,000 shares post-transaction; stock near 52-week high.

CTO Dadgar Armon sold 35,904 shares for $1,214,653.86 on 2024-09-03 at $33.83, reducing holdings to 1,520,000 shares (-2.3% of prior holdings). The stock is trading at $33.84, approximately -0.4% from its 52-week high of $33.99, indicating the sale occurred near the upper end of recent trading. Armon's prior five sales at HashiCorp all posted positive 30-day returns (ranging +0.2% to +1.3%), though none yet have measurable 90-day outcomes; his cross-ticker track record shows 0% well-timed sells at the 90-day mark despite an average +25.0% positive return after his prior sales, suggesting his sales have generally been followed by further price appreciation. HashiCorp remains unprofitable on a full-year basis with net income of $-26,462,000.00, though the company posted annual revenue growth of +22.5%.

August 2024
2024-08-23 HashiCorp, Inc. HCP
medium
Sell
35,904 shares
$1,215,340
Significance 5/10

HashiCorp CTO Dadgar sells 35.9K shares at $33.85; holds 1.52M shares post-transaction

Armon Dadgar, HashiCorp's Chief Technology Officer, sold 35,904 shares at $33.85 on 2024-08-22, reducing his holdings from 1.56M to 1.52M shares (a -2.3% reduction). The current price of $33.90 sits 0.3% below the 52-week high of $33.99, indicating the sale occurred near recent valuation peaks. However, this is a conversion-related transaction involving derivative securities; the Table I holdings shown may not represent the insider's complete position, so the sale should be understood as a partial disposition of a specific share batch rather than a strategic exit from his overall stake. Dadgar's cross-ticker track record across 20 prior sells shows an average 90-day return of +25.8% with a well-timed rate of 0.00%, indicating his prior sales have not preceded stock declines; his five prior trades at HCP specifically all show positive 30-day returns where measurable, and no 90-day outcomes have yet matured to permit full assessment of timing accuracy at this ticker.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access