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EdgarHawk

Ichiro Aoki

President

Director Officer

Latest: President selling · May 2026

8 filings analyzed · 1 company · Latest 2026-06-03

Companies

Company Buys Sells Direction
indie Semiconductor, Inc. INDI 0 68 Net selling

Activity

June 2026
medium
Sell
300,562 shares
$1,555,926
Significance 6/10

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.

May 2026
medium
Sell
729,900 shares
$3,793,161
Significance 6/10

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.

March 2026
high
Sell
200,000 shares
$643,185
Significance 6/10

President Aoki Ichiro sold 200,000 shares of INDI across 3 days (Mar 25-27) for blended avg $3.22; divested 66.5% of holdings to 101.0K shares.

Aoki Ichiro, President of indie Semiconductor, executed 3 separate sales totaling 200,000 shares for $643,185.00 over March 25–27, reducing his holdings from 301.0K to 101.0K shares—a 66.5% reduction. The sales occurred at prices ($3.14, $3.28, $3.17) near the current price of $3.19 but substantially below the 52-week high of $6.00, indicating the insider sold during a period of significant stock underperformance (-46.8% from peak). Fundamentally, the company reported a net loss of $-38.3M on revenue of $53.7M in the latest quarter and was unprofitable for the full fiscal year, with minimal annual revenue growth (+0.3%), suggesting operational distress. His same-ticker trade history shows mixed outcomes: of 5 prior INDI sales, only 2 were well-timed at the 90-day mark, whereas his broader cross-ticker track record reflects a 72.73% well-timed sell rate, indicating better timing discipline on other holdings.

November 2025
high
Sell
175,000 shares
$622,742
Significance 7/10

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.

high
Sell
325,000 shares
$1,272,468
Significance 7/10

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.

June 2024
high
Sell
150,000 shares
$937,500
Significance 7/10

President Aoki Ichiro sells 150,000 shares ($937.5K) in 2 transactions at INDI; holdings drop 80.4% to 36.6K shares

Aoki Ichiro, President of indie Semiconductor, executed 2 separate sales totaling 150,000 shares for $937,500.00 on consecutive days (June 20–21, 2024) at an average of $6.25 per share, reducing his stake by 80.4% from 186.6K to 36.6K shares. This follows a rapid series of 4 prior sales at INDI within the preceding week (June 13–18), all too recent to assess 30- or 90-day outcomes. The company reported $-31.2M net income on $52.4M quarterly revenue and is unprofitable on a full-year basis, despite revenue growth of 101.4% year-over-year. The concentrated, sequential reduction in the President's holdings alongside persistent operating losses warrants investor attention to the company's near-term operational trajectory and management confidence signals.

high
Sell
150,000 shares
$985,500
Significance 6/10

INDI President Aoki Ichiro sold 150,000 shares (80.4% of holdings) for $985,500 over 2024-06-17/18

Aoki Ichiro executed 2 separate sales totaling 150,000 shares (150.0K shares) for $985,500.00 at blended average price $6.57, reducing his stake by 80.4% from 186.6K to 36.6K shares. The company is unprofitable with net income of $-31.2M on quarterly revenue of $52.4M, though annual revenue growth stands at +101.4%. The stock is currently trading at $6.50, down 38.9% from its 52-week high of $10.64, and the timing of this large, concentrated liquidation—reducing the President's holdings to a minor position—occurs within a backdrop of rapid top-line growth paired with significant losses and extended underperformance relative to recent peaks.

high
Sell
150,000 shares
$1,080,000
Significance 7/10

President Aoki Ichiro sold 150,000 shares (150.0K shares) for $1,080,000.00 ($1.1M) on 2 separate dates; divested 80.4% of holdings while company unprofitable.

President Aoki Ichiro executed 2 separate sales totaling 150,000 shares for $1,080,000.00, reducing his holdings from 186,631 shares to 36,631 shares—a divestment of 80.4% of his pre-transaction position. The company reported net income of $-31,179,000.00 over its most recent full fiscal year while generating $52,353,000.00 in quarterly revenue with annual growth of 101.4%. The blended sale price of $7.20 sits 1.9% above the current price of $7.05 but 34.3% below the 52-week high of $10.73, indicating the sales occurred as the stock has declined substantially from recent peaks. The magnitude of the holding reduction combined with the company's loss position creates a material signal warranting investor scrutiny of whether cash preservation or conviction dynamics drove the divestment.

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