Insider Clusters

High-Conviction Executive Convergence

Cluster Signal Definition

An Insider Cluster is identified when at least 3 distinct corporate insiders transact in the same direction within a 7-day window. This minimizes noise and highlights boardroom sentiment.

Date

Ticker

Company Name

Industry

Exch

Type

Insiders

Total Vol, $

Details

2025-12-10

SERA

SERA PROGNOSTICS, INC.

Services-Medical Laboratories

Nasdaq

SELL

$137,386

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-02	Harrison Robert Gardner	Chief Information Officer	$2.93	2,000	87,404	-2.2%
2025-12-05	Mirza Mansoor Raza		$3.05	292	57,740	-0.5%
2025-12-08	Lawrence Sandra AJ		$3.05	1,560	19,593	-7.4%
2025-12-09	Aerts Austin	Chief Financial Officer	$3.04	5,232	273,087	-1.9%
2025-12-09	Lindgardt Zhenya	Chief Executive Officer	$3.04	28,215	768,081	-3.5%
2025-12-10	Harrison Robert Gardner	Chief Information Officer	$3.31	616	86,788	-0.7%
2025-12-10	Aerts Austin	Chief Financial Officer	$3.31	873	272,214	-0.3%
2025-12-10	Boniface John J.	Chief Scientific Officer	$3.31	1,332	150,397	-0.9%
2025-12-10	Jackson Benjamin	General Counsel	$3.31	892	118,866	-0.7%
2025-12-10	Kearney Paul	Chief Data Officer	$3.31	1,213	167,383	-0.7%
2025-12-10	Lindgardt Zhenya	Chief Executive Officer	$3.31	4,155	763,926	-0.5%

2025-12-05

LPLA

LPL Financial Holdings Inc.

Security & Commodity Brokers, Dealers, Exchanges & Services

NASDAQ

SELL

$2,182,912

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Jambusaria Aneri	Group Managing Director	$352.48	80	5,502	-1.4%
2025-12-05	Gates Greg	Group Managing Director	$370.97	750	14,620	-4.9%
2025-12-05	Steinmeier Richard	Chief Executive Officer	$370.99	5,058	9,326	-35.2%

2025-12-03

PARK

Park Dental Partners, Inc.

Services-Misc Health & Allied Services, NEC

NASDAQ

BUY

$351,182

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-03	SWENSON PETER G	CEO and Chairman	$13.00	3,846	239,058	+1.6%
2025-12-03	SMITH PHILIP IRVING		$13.00	769	3,569	+27.5%
2025-12-03	Bernander Christopher James	Chief Financial Officer	$13.00	1,923	55,756	+3.6%
2025-12-03	Gerlach Todd Christopher		$13.00	7,692	68,847	+12.6%
2025-12-03	Law Alan Siems		$13.00	1,923	181,041	+1.1%
2025-12-03	Smith Christopher Charles		$13.00	7,692	10,492	+274.7%
2025-12-03	SWENSON PETER G	CEO and Chairman	$13.00	3,169	238,381	+1.3%

2025-12-23

JBL

JABIL INC

Printed Circuit Boards

NYSE

SELL

$18,904,520

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-19	ANSARI ANOUSHEH		$225.00	1,500	34,900	-4.1%
2025-12-19	MONDELLO MARK T	Executive Chairman	$225.32	50,000	1,171,459	-4.1%
2025-12-19	McCoy Frederic E.	EVP, Global Operations	$224.93	22,011	100,376	-18.0%
2025-12-23	BORGES STEVEN D	EVP, Global Business Units	$235.00	10,000	90,524	-9.9%

2025-12-05

ENTA

ENANTA PHARMACEUTICALS INC

Pharmaceutical Preparations

Nasdaq

SELL

$183,167

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-02	Trout Harry R. III	See Remarks	$13.96	380	16,890	-2.2%
2025-12-02	Capps Kathleen S.	See Remarks	$13.96	207	8,700	-2.3%
2025-12-05	Luly Jay R.	President and CEO	$14.23	4,743	858,026	-0.5%
2025-12-05	Or Yat Sun	Chief Scientific Officer	$14.23	2,390	371,392	-0.6%
2025-12-05	Kieffer Tara Lynn	Chief Product Strategy Officer	$14.23	2,106	30,620	-6.4%
2025-12-05	Luu Brendan	Chief Business Officer	$14.23	1,394	38,329	-3.5%
2025-12-05	Rottinghaus Scott T.	Chief Medical Officer	$14.23	798	21,792	-3.5%
2025-12-05	Trout Harry R. III	See Remarks	$14.23	542	16,348	-3.2%
2025-12-05	Capps Kathleen S.	See Remarks	$14.23	323	8,377	-3.7%

2025-12-08

LUNG

Pulmonx Corp

Surgical & Medical Instruments & Apparatus

NASDAQ

SELL

$86,295

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Lehman David Aaron	GENERAL COUNSEL	$1.57	10,278	252,992	-3.9%
2025-12-01	Rose Geoffrey Beran	CHIEF COMMERCIAL OFFICER	$1.57	6,322	373,466	-1.7%
2025-12-01	French Glendon E. III	President and CEO	$1.57	8,805	277,324	-3.1%
2025-12-08	Florin Daniel P		$1.99	23,321	93,910	-19.9%

2025-12-01

OWL

BLUE OWL CAPITAL INC.

Investment Advice

NYSE

BUY

$7,142,223

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	LIPSCHULTZ MARC S	Co-Chief Executive Officer	$15.06	158,000	79,000	+100.0%
2025-12-01	Ostrover Douglas I	Co-Chief Executive Officer	$15.06	158,000	158,000	+100.0%
2025-12-01	Kirshenbaum Alan	Chief Financial Officer	$14.87	33,670	33,670	+100.0%
2025-12-01	Packer Craig	Co-President	$15.06	125,000	31,000	+100.0%

2025-12-01

RGCO

RGC RESOURCES INC

Natural Gas Transmisison & Distribution

Nasdaq

BUY

$1,095

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Furcron Thomas Patrick	VP, Field Operations	$22.27	29	1,148	+2.6%
2025-12-01	Miles Christen Brooke	VP, Human Resources	$22.27	7	6,884	+0.1%
2025-12-01	Oliver Lawrence T.	Senior VP and Secretary	$22.27	13	24,008	+0.1%

2025-12-15

IESC

IES Holdings, Inc.

Electrical Work

Nasdaq

SELL

$50,452,684

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-02	McLauchlin Tracy	SVP, CFO & Treasurer	$411.48	5,000	65,525	-7.1%
2025-12-01	Simmes Matthew J	President and CEO	$406.96	10,000	98,575	-9.2%
2025-12-03	GENDELL JEFFREY L ET AL	Executive Chairman	$420.58	100,000	10,677,414	-0.9%
2025-12-09	Koshkin Joe D		$450.02	5,000	44,723	-10.1%
2025-12-10	Gendell David B.		$452.20	17,867	70,669	-20.2%
2025-12-11	Newman Mary K	SVP, CAO and General Counsel	$477.86	2,000	21,843	-8.4%
2025-12-10	GENDELL JEFFREY L ET AL	Executive Chairman	$473.20	82,094	10,595,320	-0.8%
2025-12-15	Allen Matthew Michael	Chief Technical Officer	$457.95	700	1,098	-38.9%

2025-12-04

LYFT

Lyft, Inc.

Services-Business Services, NEC

Nasdaq

SELL

$4,177,933

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-28	Beggs Jill		$20.25	1,466	34,278	-4.1%
2025-12-03	Lawee David		$22.55	6,578	104,460	-5.9%
2025-12-04	Aggarwal Prashant		$22.30	174,599	874,369	-16.6%
2025-12-04	Hope Stephen W.	CHIEF ACCOUNTING OFFICER	$22.30	4,800	311,909	-1.5%

2025-12-02

BBNX

Beta Bionics, Inc.

Surgical & Medical Instruments & Apparatus

Nasdaq

SELL

$201,468

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Palasis Maria		$29.55	1,406	8,435	-14.3%
2025-12-01	Lezack Adam		$29.55	1,406	8,435	-14.3%
2025-12-02	Mensinger Mike	Chief Product Officer	$29.34	1,063	90,752	-1.2%
2025-12-02	Feider Stephen	Chief Financial Officer	$29.34	1,427	42,614	-3.2%
2025-12-02	Saint Sean	President & CEO	$29.34	3,278	97,924	-3.2%
2025-12-02	Hopman Mark	Chief Commercial Officer	$30.27	2,917	136,216	-2.1%
2025-12-02	Russell Steven Jon	Chief Medical Officer	$29.34	1,025	178,071	-0.6%

2025-12-02

ENR

ENERGIZER HOLDINGS, INC.

Miscellaneous Electrical Machinery, Equipment & Supplies

NYSE

BUY

$449,240

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-02	LaVigne Mark Stephen	President and CEO	$17.11	10,000	464,889	+2.2%
2025-12-02	Angelette Benjamin J	Chief Administrative Officer	$17.14	1,000	40,896	+2.5%
2025-12-02	Mulligan Donal L		$17.40	15,000	25,000	+150.0%

2025-12-17

ADI

Analog Devices, Inc.

Semiconductors & Related Devices

NASDAQ

SELL

$5,366,990

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-10	Sondel Michael	CAO (principal acct. officer)	$279.50	8,169	18,913	-30.2%
2025-12-16	STATA RAY		$276.45	6,250	133,196	-4.5%
2025-12-17	Cotter Martin	SVP, Vertical Business Units	$271.19	5,000	59,664	-7.7%

2025-12-01

ATOM

Atomera Inc

Semiconductors & Related Devices

Nasdaq

SELL

$41,600

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	BIBAUD SCOTT A.	CEO and President	$2.39	9,341	506,010	-1.8%
2025-12-01	Laurencio Francis	CFO	$2.39	4,451	166,082	-2.6%
2025-12-01	Mears Robert J	Chief Technology Officer	$2.39	3,614	186,062	-1.9%

2025-12-10

KEYS

Keysight Technologies, Inc.

Industrial Instruments For Measurement, Display, and Control

NYSE

SELL

$4,886,638

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-28	Nersesian Ronald S.		$196.88	30,000	198,389	-13.1%
2025-12-01	Estrada Ingrid A	SVP	$196.42	4,827	110,079	-4.2%
2025-12-01	PAGE JOHN	SVP	$196.42	3,175	36,393	-8.0%
2025-12-01	Dhanasekaran Satish	President and CEO	$196.42	12,528	132,361	-8.6%
2025-12-01	NARAYANAN KAILASH	SVP	$196.42	3,201	43,917	-6.8%
2025-12-03	Li Jeffrey K	SVP and Secretary	$200.84	3,934	36,699	-9.7%
2025-12-09	Dhanasekaran Satish	President and CEO	$211.43	4,230	128,131	-3.2%
2025-12-10	PAGE JOHN	SVP	$213.48	15,000	21,393	-41.2%

2025-12-05

NOW

ServiceNow, Inc.

Services-Prepackaged Software

NYSE

SELL

$1,146,794

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-28	Mastantuono Gina	President and CFO	$808.00	417	12,643	-3.2%
2025-11-28	Chamberlain Paul Edward		$808.00	300	9,586	-3.0%
2025-11-28	Jackson Lawrence		$810.22	265	323	-45.1%
2025-12-05	Mastantuono Gina	President and CFO	$850.00	415	12,228	-3.3%

2025-12-12

PLAB

PHOTRONICS INC

Semiconductors & Related Devices

Nasdaq

SELL

$1,597,713

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-12	TYSON MITCHELL G		$36.17	5,000	46,927	-9.6%
2025-12-12	Progler Christopher J	EVP, Chief Technology Officer	$35.78	25,000	165,591	-13.1%
2025-12-12	Park Han Kyung	SVP & GM of FPD Ops	$37.99	13,750	89,250	-13.3%

2025-08-21

GNLX

GENELUX Corp

Pharmaceutical Preparations

Nasdaq

SELL

$105,504

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-08-21	Smalling Ralph	Head of Regulatory	$3.75	2,332	68,658	-3.3%
2025-08-21	Cappello Joseph	Chief Technical Officer	$3.88	3,706	156,060	-2.3%
2025-08-21	Yu Yong	SVP, Clinical Development	$3.82	4,192	145,844	-2.8%
2025-08-21	Zindrick Thomas	President and CEO	$3.86	17,182	538,431	-3.1%

2025-12-04

SNX

TD SYNNEX CORP

Wholesale-Computers & Peripheral Equipment & Software

NYSE

SELL

$1,251,401

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	HUME RICHARD T		$152.11	5,000	52,515	-8.7%
2025-12-04	POLK DENNIS	Hyve Solutions Executive	$155.03	3,000	75,660	-3.8%
2025-12-04	Saintil Merline		$153.38	168	7,162	-2.3%

2025-12-05

MGX

Metagenomi Therapeutics, Inc.

Biological Products, (No Diagnostic Substances)

Nasdaq

SELL

$12,770

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-05	Irish Jian	Chief Executive Officer	$1.77	1,602	563,839	-0.3%
2025-12-05	Wapnick Pamela	Chief Financial Officer	$1.77	1,576	188,956	-0.8%
2025-12-05	Wein Matthew	See Remarks	$1.77	199	115,031	-0.2%
2025-12-05	Thomas Brian C.		$1.77	3,830	2,510,960	-0.2%

2025-09-05

MGX

Metagenomi Therapeutics, Inc.

Biological Products, (No Diagnostic Substances)

Nasdaq

SELL

$11,001

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-09-05	Wein Matthew	See Remarks	$1.81	199	19,230	-1.0%
2025-09-05	Irish Jian	Chief Executive Officer	$1.81	1,602	316,941	-0.5%
2025-09-05	Wapnick Pamela	Chief Financial Officer	$1.81	1,576	70,532	-2.2%
2025-09-05	Thomas Brian C.		$1.81	2,701	2,514,790	-0.1%

2025-12-10

VIAV

VIAVI SOLUTIONS INC.

Semiconductors & Related Devices

Nasdaq

SELL

$2,548,559

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-26	McNab Paul	EVP, Chief Mktg & Stgy Officer	$18.14	1,657	26,387	-5.9%
2025-12-01	KHAYKIN OLEG	President & CEO	$17.69	154,646	1,956,195	-7.3%
2025-12-02	Daskal Ilan	EVP, CFO	$17.49	170,000	10,132	-94.4%
2025-12-03	KHAYKIN OLEG	President & CEO	$17.36	73,442	80,476	-47.7%
2025-12-05	KHAYKIN OLEG	President & CEO	$17.50	40,238	40,238	-50.0%
2025-12-08	Siebert Kevin Christopher	SVP Gen. Counsel & Secretary	$18.26	24,225	49,225	-33.0%
2025-12-10	Burns Richard John		$18.76	3,384	3,384	-50.0%
2025-12-10	Corrales Eugenia		$18.76	3,384	3,384	-50.0%

2025-12-26

ARWR

Arrowhead Pharmaceuticals Inc.

Pharmaceutical Preparations

NASDAQ

SELL

$4,220,274

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-15	Anzalone Christopher Richard	Chief Executive Officer	$67.00	184,298	3,916,957	-4.5%
2025-12-17	Anzalone Christopher Richard	Chief Executive Officer	$64.04	85,000	3,831,957	-2.2%
2025-12-19	OLUKOTUN ADEOYE Y		$67.66	10,000	33,600	-22.9%
2025-12-19	Anzalone Christopher Richard	Chief Executive Officer	$68.04	26,031	3,805,926	-0.7%
2025-12-19	Waddill William D.		$67.65	8,367	56,563	-12.9%
2025-12-19	Vakiener Victoria		$67.68	10,040	35,723	-21.9%
2025-12-26	Ferrari Mauro		$70.00	7,530	69,053	-9.8%

2025-12-05

Fabrinet

Telephone & Telegraph Apparatus

NYSE

SELL

$3,086,283

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-12-01	Bahrami Homa	$453.75	3,500	18,316	-16.0%
2025-12-04	Knight Darlene S.	$472.00	500	3,184	-13.6%
2025-12-04	KELLY THOMAS F	$464.14	2,200	18,789	-10.5%
2025-12-05	Knight Darlene S.	$482.11	500	2,684	-15.7%

2025-12-03

RIG

Transocean Ltd.

Drilling Oil & Gas Wells

NYSE

SELL

$2,445,500

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-26	THIGPEN JEREMY D	Executive Chair	$4.32	500,000	2,136,223	-19.0%
2025-11-26	Vayda Robert Thaddeus	EVP, Chief Financial Officer	$4.29	30,000	235,154	-11.3%
2025-12-03	Mackenzie Roderick James	EVP, Chief Commercial Officer	$4.48	35,000	212,072	-14.2%

2025-01-06

WERN

WERNER ENTERPRISES INC

Trucking (No Local)

Nasdaq

BUY

$188,210

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-01-06	LEATHERS DEREK J	CEO & Chairman	$29.70	1,063	257,320	+0.4%
2025-01-06	JOHNSON JAMES LYNN	Exec VP - Chief Acctg Officer	$30.45	824	100,644	+0.8%
2025-01-06	SCHELBLE JIM S	Exec VP & Chief Admin Officer	$29.71	998	72,671	+1.4%
2025-01-06	CALLAHAN CRAIG T	Exec VP-Chief Commercial Offcr	$29.77	838	65,080	+1.3%
2025-01-06	MEISGEIER NATHAN J	President and CLO	$29.73	933	72,666	+1.3%
2025-01-06	Mahon Daragh P	Executive Vice President & CIO	$29.79	791	36,318	+2.2%
2025-01-06	DOWNING ERIC J	Exec VP and COO	$29.76	862	52,987	+1.7%

2025-11-28

KTTA

Pasithea Therapeutics Corp.

Pharmaceutical Preparations

NASDAQ

BUY

$149,999

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-28	STEINMAN LAWRENCE		$0.75	133,333	199,691	+200.9%
2025-11-28	Dumesnil Simon		$0.75	33,333	35,833	+1,333.3%
2025-11-28	Marques Tiago	Chief Executive Officer	$0.75	33,333	73,334	+83.3%

2025-12-03

CVNA

CARVANA CO.

Retail-Auto Dealers & Gasoline Stations

NYSE

SELL

$21,872,810

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	KEETON RYAN S.	Chief Brand Officer	$350.00	10,000	94,958	-9.5%
2025-11-28	Taira Thomas	President, Special Projects	$375.01	10,000	106,507	-8.6%
2025-11-28	KEETON RYAN S.	Chief Brand Officer	$375.04	10,000	84,958	-10.5%
2025-12-01	Palmer Stephen R	Vice President of Accounting	$372.31	1,000	40,224	-2.4%
2025-12-03	Taira Thomas	President, Special Projects	$400.00	25,000	80,832	-23.6%
2025-12-03	KEETON RYAN S.	Chief Brand Officer	$400.00	10,000	74,460	-11.8%

2025-12-10

ASTS

AST SpaceMobile, Inc.

Communications Services, NEC

NASDAQ

SELL

$163,788,075

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-05	Bernal Maya	Chief Accounting Officer	$73.76	6,000	122,486	-4.7%
2025-12-05	Yao Huiwen	Chief Technology Officer	$73.52	40,000	4,750	-89.4%
2025-12-09	AMERICAN TOWER CORP /MA/		$69.75	2,288,621	211,379	-91.5%
2025-12-10	Gupta Shanti B.	Chief Operating Officer	$77.34	10,000	382,375	-2.5%

2025-11-28

PLXS

PLEXUS CORP

Printed Circuit Boards

Nasdaq

SELL

$600,137

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	Mihm Oliver K.	Exec VP & COO	$143.18	2,327	18,442	-11.2%
2025-11-26	Ninivaggi Angelo Michael Jr	Exec VP, CAO, Gen Coun & Secy	$144.93	1,347	21,544	-5.9%
2025-11-28	Rapp Karen Marie		$143.47	500	7,665	-6.1%

2025-11-24

BROS

Dutch Bros Inc.

Retail-Eating & Drinking Places

NYSE

SELL

$273,849,000

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-24	DM Trust Aggregator, LLC		$54.77	1,534,786	15,610	-99.0%
2025-11-24	DM Individual Aggregator, LLC		$54.77	965,214	9,817	-99.0%
2025-11-24	Boersma Travis	Executive Chairman of Board	$54.77	2,500,000	9,817	-99.6%

2025-12-03

GAP

GAP INC

Retail-Family Clothing Stores

NYSE

SELL

$31,471,100

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-25	Donohue Elisabeth B	$27.11	3,000	1,000	-75.0%
2025-11-26	FISHER JOHN J	$27.75	250,000	750,752	-25.0%
2025-12-01	FISHER ROBERT J	$27.45	500,000	2,329,502	-17.7%
2025-12-03	FISHER WILLIAM SYDNEY	$27.02	400,000	2,853,453	-12.3%

2025-12-12

FROG

JFrog Ltd

Services-Prepackaged Software

Nasdaq

SELL

$20,486,007

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	Vitus Andrew L.		$62.17	5,982	5,074	-54.1%
2025-11-25	Simon Frederic		$61.76	80,000	3,867,786	-2.0%
2025-12-01	Simon Frederic		$60.08	67,500	3,753,286	-1.8%
2025-12-01	Landman Yoav	CHIEF TECHNOLOGY OFFICER	$60.08	40,000	6,078,641	-0.7%
2025-12-02	Wassenaar Yvonne		$60.09	1,368	22,452	-5.7%
2025-12-02	Shlomi Ben Haim	CHIEF EXECUTIVE OFFICER	$60.93	28,515	4,840,637	-0.6%
2025-12-02	Simon Frederic		$61.03	12,500	3,740,786	-0.3%
2025-12-02	Notman Tali	CHIEF REVENUE OFFICER	$60.93	14,160	644,682	-2.1%
2025-12-02	Grabscheid Eduard	CHIEF FINANCIAL OFFICER	$60.87	7,091	129,074	-5.2%
2025-12-05	Sela Yossi		$63.81	50,000	154,165	-24.5%
2025-12-05	Steele Elisa		$63.43	5,460	21,488	-20.3%
2025-12-05	Landman Yoav	CHIEF TECHNOLOGY OFFICER	$64.98	50,000	6,028,641	-0.8%
2025-12-08	Shlomi Ben Haim	CHIEF EXECUTIVE OFFICER	$64.49	48,744	4,791,893	-1.0%
2025-12-08	Notman Tali	CHIEF REVENUE OFFICER	$64.80	13,357	631,325	-2.1%
2025-12-10	Sela Yossi		$70.00	25,000	129,165	-16.2%
2025-12-10	Landman Yoav	CHIEF TECHNOLOGY OFFICER	$69.22	70,000	5,958,641	-1.2%
2025-12-12	Landman Yoav	CHIEF TECHNOLOGY OFFICER	$68.79	45,000	5,913,641	-0.8%

2025-12-10

QTWO

Q2 Holdings, Inc.

Services-Prepackaged Software

NYSE

SELL

$1,547,778

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-10	Coleman Kirk L	Chief Business Officer	$73.68	8,559	269,128	-3.1%
2025-12-10	Mukkamala Himagiri K	Chief Operating Officer	$73.68	3,024	96,046	-3.1%
2025-12-10	Volanoski Michael A.	Chief Revenue Officer	$74.66	9,300	166,512	-5.3%

2025-11-24

OCUL

OCULAR THERAPEUTIX, INC

Pharmaceutical Preparations

Nasdaq

SELL

$335,663

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-24	Heier Jeffrey S.	Chief Scientific Officer	$12.04	3,469	245,940	-1.4%
2025-11-24	Kaiser Peter	Chief Development Officer	$12.02	3,007	191,433	-1.5%
2025-11-24	Dugel Pravin	See Remarks	$12.04	19,530	3,157,960	-0.6%
2025-11-24	Nayak Sanjay	Chief Strategy Officer	$12.04	1,878	277,860	-0.7%

2025-11-24

AIRG

Airgain Inc.

Radio & Tv Broadcasting & Communications Equipment

NASDAQ

SELL

$31,381

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-24	Elbaz Michael	Chief Financial Officer	$3.99	4,820	137,693	-3.4%
2025-11-24	Sadri Ali	Chief Technology Officer	$3.99	976	131,763	-0.7%
2025-11-24	SUEN JACOB	President and CEO	$3.99	2,070	309,628	-0.7%

2026-01-06

ALHC

Alignment Healthcare, Inc.

Hospital & Medical Service Plans

NASDAQ

SELL

$7,435,991

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-29	JOYCE CHRISTOPHER J	Chief Legal and Admin. Officer	$18.74	16,187	307,699	-5.0%
2025-12-29	KAO JOHN E	Chief Executive Officer	$18.74	605,648	2,234,294	-21.3%
2025-12-29	Maroney Dawn Christine	President	$18.74	282,070	1,385,167	-16.9%
2025-12-29	Kim Hyong	Chief Medical Officer	$18.74	12,694	349,639	-3.5%
2025-12-29	Scavo Robert L.	Chief Information Officer	$18.74	69,541	503,014	-12.1%
2026-01-02	JOYCE CHRISTOPHER J	Chief Legal and Admin. Officer	$20.03	10,611	297,088	-3.4%
2026-01-02	Maroney Dawn Christine	President	$20.94	328,152	1,057,015	-23.7%
2026-01-06	Kim Hyong	Chief Medical Officer	$21.35	16,506	333,133	-4.7%

2025-12-12

ALHC

Alignment Healthcare, Inc.

Hospital & Medical Service Plans

NASDAQ

SELL

$419,625,626

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-08	JOYCE CHRISTOPHER J	Chief Legal and Admin. Officer	$19.33	19,706	323,886	-5.7%
2025-12-12	GENERAL ATLANTIC, L.P.		$18.57	11,119,494	13,476,585	-45.2%
2025-12-10	KAO JOHN E	Chief Executive Officer	$19.02	180,000	2,346,726	-7.1%
2025-12-12	General Atlantic (ALN HLTH), L.P.		$18.57	11,119,494	13,476,585	-45.2%
2025-12-10	Burzacchi Sebastian	COO - Mgmt Services Org	$19.26	12,585	237,793	-5.0%
2025-12-12	Maroney Dawn Christine	President	$20.01	130,000	1,667,237	-7.2%

2025-12-01

LFT

Lument Finance Trust, Inc.

Real Estate Investment Trusts

NYSE

BUY

$113,928

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	HOULIHAN WILLIAM A		$1.59	3,000	240,732	+1.3%
2025-11-26	Flynn James Peter	CEO	$1.60	55,000	378,939	+17.0%
2025-11-26	BRIGGS JAMES A	Chief Financial Officer	$1.61	3,200	51,950	+6.6%
2025-12-01	BRIGGS JAMES A	Chief Financial Officer	$1.61	10,000	61,950	+19.2%

2025-11-28

DMLP

DORCHESTER MINERALS, L.P.

Crude Petroleum & Natural Gas

Nasdaq

BUY

$243,326

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	EHRMAN BRADLEY J	Chief Executive Officer	$21.50	3,487	121,197	+3.0%
2025-11-25	MORIYAMA LESLIE A	Chief Financial Officer	$21.50	3,041	83,673	+3.8%
2025-11-25	VAUGHN ROBERT C		$21.41	4,615	20,352	+29.3%
2025-11-28	VAUGHN ROBERT C		$21.36	195	20,547	+1.0%

2025-12-04

WDC

WESTERN DIGITAL CORP

Computer Storage Devices

Nasdaq

SELL

$5,468,835

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	Alexy Kimberly		$154.00	1,768	3,585	-33.0%
2025-11-25	Oulman Roxanne		$154.42	1,800	3,863	-31.8%
2025-12-01	Cole Martin I		$162.62	6,000	35,433	-14.5%
2025-12-02	Tregillis Cynthia L	Chief Legal Officer & Corp Sec	$160.57	2,801	144,596	-1.9%
2025-12-04	Alexy Kimberly		$160.08	2,000	1,585	-55.8%
2025-12-04	Gubbi Vidyadhara K	Chief of Global Operations	$163.16	22,820	126,864	-15.2%

2025-12-19

NVDA

NVIDIA CORP

Semiconductors & Related Devices

Nasdaq

SELL

$97,841,350

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-02	SEAWELL A BROOKE		$183.93	12,728	0	-100.0%
2025-12-05	STEVENS MARK A		$181.73	350,000	7,049,803	-4.7%
2025-12-09	Shoquist Debora	EVP, Operations	$184.65	80,000	1,654,443	-4.6%
2025-12-10	Shoquist Debora	EVP, Operations	$180.19	229,840	1,424,603	-13.9%
2025-12-12	Kress Colette	EVP & Chief Financial Officer	$178.11	50,500	742,934	-6.4%
2025-12-15	JONES HARVEY C		$177.33	250,000	6,933,280	-3.5%
2025-12-19	STEVENS MARK A		$180.17	222,500	7,621,453	-2.8%
2025-12-19	Robertson Donald F Jr	Principal Accounting Officer	$179.98	24,590	426,860	-5.4%

2025-11-24

BRN

BARNWELL INDUSTRIES INC

Crude Petroleum & Natural Gas

NYSE

BUY

$179,214

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-24	Horowitz Joshua		$1.10	59,563	315,276	+23.3%
2025-11-24	GROSSMAN KENNETH S		$1.10	59,563	271,603	+28.1%
2025-11-24	Patman Philip F Jr	Executive VP - Finance	$1.10	43,796	210,211	+26.3%

2025-12-22

MAIA

MAIA Biotechnology, Inc.

Pharmaceutical Preparations

NYSE

BUY

$219,998

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-12-22	CHAOUKI STEVEN M	$1.22	40,849	151,873	+36.8%
2025-12-22	Louie Ngar Yee	$1.22	81,699	1,248,888	+7.0%
2025-12-22	Smith Stan	$1.22	57,189	1,421,478	+4.2%

2025-11-26

MAIA

MAIA Biotechnology, Inc.

Pharmaceutical Preparations

NYSE

BUY

$273,200

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-21	Vitoc Vlad	Chief Executive Officer	$0.98	11,800	820,921	+1.5%
2025-11-24	Smith Stan		$0.98	25,000	1,349,289	+1.9%
2025-11-25	Vitoc Vlad	Chief Executive Officer	$0.97	10,500	831,421	+1.3%
2025-11-25	Luput Cristian		$0.98	10,000	399,483	+2.6%
2025-11-26	Smith Stan		$1.04	15,000	1,364,289	+1.1%
2025-11-26	Luput Cristian		$1.10	38,145	437,628	+9.5%
2025-11-26	Vitoc Vlad	Chief Executive Officer	$1.11	72,000	853,421	+9.2%
2025-11-26	Vitoc Vlad	Chief Executive Officer	$1.11	72,000	903,421	+8.7%

2025-11-25

ESE

ESCO TECHNOLOGIES INC

Communications Equipment, NEC

NYSE

SELL

$8,058,352

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	Schatz David M	Sr. VP, Sec'y & Gen. Counsel	$225.65	2,498	22,332	-10.1%
2025-11-25	KHILNANI VINOD M		$218.40	3,216	20,468	-13.6%
2025-11-25	PHILLIPPY ROBERT J		$222.53	3,700	6,519	-36.2%
2025-11-25	Schatz David M	Sr. VP, Sec'y & Gen. Counsel	$225.65	2,498	26,133	-8.7%
2025-11-25	Tucker Christopher L	Sr. Vice President & CFO	$220.15	5,000	20,121	-19.9%
2025-11-25	Sayler Bryan H	CEO & PRESIDENT	$220.00	9,783	41,344	-19.1%
2025-11-25	Sayler Bryan H	CEO & PRESIDENT	$220.00	9,783	20,254	-32.6%

2025-12-02

ALIT

Alight Inc.

Services-Business Services, NEC

NYSE

BUY

$448,472

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-25	Rajgopal Kausik	$2.24	40,000	125,202	+46.9%
2025-11-26	SCHRIESHEIM ROBERT A	$2.38	42,098	109,130	+62.8%
2025-11-26	Massey Richard N	$2.33	100,000	100,000	+100.0%
2025-11-26	Lopes Robert A. Jr.	$2.39	10,000	80,168	+14.3%
2025-12-02	Rushing Coretha M	$2.25	1,018	73,720	+1.4%

2025-12-23

CGEM

Cullinan Therapeutics, Inc.

Biological Products, (No Diagnostic Substances)

NASDAQ

SELL

$219,249

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-12	Michaelson Jennifer	Chief Scientific Officer	$12.23	3,143	136,878	-2.2%
2025-12-18	Michaelson Jennifer	Chief Scientific Officer	$9.67	2,898	133,980	-2.1%
2025-12-18	Jones Jeffrey Alan	Chief Medical Officer	$9.67	4,632	169,532	-2.7%
2025-12-18	SUMER JACQUELYN L	Chief Legal Officer	$9.67	3,480	135,432	-2.5%
2025-12-19	Michaelson Jennifer	Chief Scientific Officer	$10.01	1,345	132,635	-1.0%
2025-12-23	AHMED NADIM	President and CEO	$10.01	9,922	420,699	-2.3%

2025-12-22

HIMS

Hims & Hers Health, Inc.

Services-Offices & Clinics of Doctors of Medicine

NYSE

SELL

$2,265,064

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-17	Carroll Patrick Harrison	Chief Medical Officer	$36.71	10,021	169,940	-5.6%
2025-12-17	Autor Deborah M.	Chief Policy Officer	$36.71	7,054	6,175	-53.3%
2025-12-17	Becklund Irene	PAO	$36.71	8,411	2,126	-79.8%
2025-12-17	Chi Michael	Chief Operating Officer	$36.71	13,750	305,161	-4.3%
2025-12-22	Okupe Oluyemi	Chief Financial Officer	$35.72	23,090	94,333	-19.7%

2025-11-24

TXG

10x Genomics, Inc.

Laboratory Analytical Instruments

Nasdaq

SELL

$635,151

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-24	Saxonov Serge	Chief Executive Officer	$19.00	13,261	1,021,556	-1.3%
2025-11-24	Hindson Benjamin J.	See Remarks	$19.00	8,283	432,605	-1.9%
2025-11-24	Taich Adam	Chief Financial Officer	$19.00	11,888	297,385	-3.8%

Strategic Executive Alignment

A single insider buy might be routine, but an Executive Cluster indicates strategic alignment. When multiple top managers commit personal capital simultaneously, it signals that those with the most intimate company knowledge believe the stock is deeply undervalued.

Institutional Sentiment Quality

Professional analysts use Cluster Analysis to filter out market noise. Tracking aggregate moves at the boardroom level allows retail investors to access institutional-grade signals often before they are reflected in official quarterly reports.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.