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

2025-12-04

HURN

Huron Consulting Group Inc.

Services-Management Consulting Services

NASDAQ

SELL

$589,524

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	SAWYER HUGH E III		$164.20	400	21,926	-1.8%
2025-12-01	MCCARTNEY JOHN		$164.20	500	42,817	-1.2%
2025-12-01	Roth James H		$164.57	2,000	35,304	-5.4%
2025-12-04	Dail James Ronald	Chief Operating Officer	$170.11	662	30,355	-2.1%

2025-11-25

BRC

BRADY CORP

Miscellaneous Manufacturing Industries

NYSE

SELL

$3,241,155

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	BRUNO ELIZABETH P		$74.71	23,705	575,000	-4.0%
2025-11-21	RICHARDSON BRADLEY C		$78.33	1,000	733	-57.7%
2025-11-25	Shaller Russell	President & CEO	$81.25	17,130	141,421	-10.8%

2025-12-08

NWBI

Northwest Bancshares, Inc.

National Commercial Banks

Nasdaq

BUY

$85,286

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-12-01	Meegan John P	$12.10	1,500	21,500	+7.5%
2025-12-05	Hunter Timothy M	$12.18	4,000	189,751	+2.2%
2025-12-08	Tullio David M	$12.27	1,500	30,051	+5.3%

2025-11-21

NWBI

Northwest Bancshares, Inc.

National Commercial Banks

Nasdaq

BUY

$46,201

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-20	CAMPANA ROBERT M	$11.37	1,000	65,366	+1.6%
2025-11-21	Williams Amber Lee	$11.37	1,302	9,944	+15.1%
2025-11-21	Chadsey Deborah J Esq.	$11.79	1,700	5,250	+47.9%

2025-11-26

HKHC

Horizon Kinetics Holding Corp

Investment Advice

OTC

BUY

$14,424

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-20	STAHL MURRAY	CEO and CIO	$27.50	24	39	+160.0%
2025-11-20	Herndon Mark	Chief Financial Officer	$29.00	100	120	+500.0%
2025-11-21	STAHL MURRAY	CEO and CIO	$28.25	25	43	+138.9%
2025-11-24	STAHL MURRAY	CEO and CIO	$28.00	24	47	+104.3%
2025-11-25	STAHL MURRAY	CEO and CIO	$27.00	24	51	+88.9%
2025-11-25	Rosenthal Brent D		$27.28	300	1,000	+42.9%
2025-11-26	STAHL MURRAY	CEO and CIO	$27.23	24	55	+77.4%

2025-12-01

SITM

SITIME Corp

Semiconductors & Related Devices

Nasdaq

SELL

$2,927,807

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-24	Bonnot Lionel	See Remarks	$269.83	1,078	72,537	-1.5%
2025-12-01	VASHIST RAJESH	Chief Executive Officer	$291.02	2,000	433,609	-0.5%
2025-12-01	Assaderaghi Fariborz	See Remarks	$296.83	3,000	83,315	-3.5%
2025-12-01	Ahamad Samsheer	See Remarks	$291.10	4,000	51,711	-7.2%

2025-11-21

AII

American Integrity Insurance Group, Inc.

Fire, Marine & Casualty Insurance

NYSE

SELL

$57,000,000

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-21	SOWELL JAMES E		$19.00	2,353,200	4,768,861	-33.0%
2025-11-21	Smathers Steven E		$19.00	171,800	173,414	-49.8%
2025-11-21	Ritchie Robert C	Chief Executive Officer	$19.00	475,000	2,454,500	-16.2%

2025-12-10

FIGR

Figure Technology Solutions, Inc.

Loan Brokers

Nasdaq

SELL

$17,172,214

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-03	Stevens David Todd	Chief Capital Officer	$35.22	40,000	489,000	-7.6%
2025-12-02	Kgil Minchung	Chief Financial Officer	$35.08	132,994	584,155	-18.5%
2025-12-02	Tannenbaum Michael Benjamin	Chief Executive Officer	$35.16	150,026	3,641,903	-4.0%
2025-12-10	Cagney Michael Scott		$39.40	200,058	0	-100.0%
2025-12-10	Ou June		$39.40	200,058	0	-100.0%

2025-11-24

FIGR

Figure Technology Solutions, Inc.

Loan Brokers

Nasdaq

SELL

$96,703,993

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Tannenbaum Michael Benjamin	Chief Executive Officer	$39.19	908,000	3,921,366	-18.8%
2025-11-18	Stevens David Todd	Chief Capital Officer	$39.29	83,500	529,000	-13.6%
2025-11-20	Cagney Michael Scott		$35.50	750,000	6,128,993	-10.9%
2025-11-20	Ou June		$35.50	750,000	6,128,993	-10.9%
2025-11-24	Tannenbaum Michael Benjamin	Chief Executive Officer	$35.44	129,437	3,791,929	-3.3%

2025-12-01

INV

Innventure, Inc.

Blank Checks

Nasdaq

SELL

$7,788,223

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-25	HENNESSY DANIEL J		$5.31	266,367	907,378	-22.7%
2025-11-26	Scott John Stewart	Chief Strategy Officer	$5.13	452,668	1,965,051	-18.7%
2025-12-01	HENNESSY DANIEL J		$5.12	90,443	816,935	-10.0%
2025-12-01	WE-INN LLC		$5.00	717,791	6,572,561	-9.8%

2025-11-18

LXEO

Lexeo Therapeutics, Inc.

Biological Products, (No Diagnostic Substances)

Nasdaq

SELL

$31,499

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Adler Eric	Chief Medical Officer	$9.27	615	72,646	-0.8%
2025-11-18	Robertson Jenny	Chief Legal Officer	$9.27	549	68,381	-0.8%
2025-11-18	Townsend Richard Nolan	Chief Executive Officer	$9.27	1,127	240,991	-0.5%
2025-11-18	See Tai Sandi	Chief Development Officer	$9.27	386	65,476	-0.6%
2025-11-18	Otero Jose Manuel	Chief Operating Officer	$9.27	721	63,476	-1.1%

2025-11-24

QuantumScape Corp

Miscellaneous Electrical Machinery, Equipment & Supplies

Nasdaq

SELL

$4,091,295

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	Holme Timothy	CHIEF TECHNOLOGY OFFICER	$12.51	246,708	0	-100.0%
2025-11-21	Hettrich Kevin	CHIEF FINANCIAL OFFICER	$11.29	9,800	1,502,238	-0.6%
2025-11-24	MCCARTHY MICHAEL O III	CHIEF LEGAL OFFICER	$11.70	76,415	137,888	-35.7%

2025-12-12

BHE

BENCHMARK ELECTRONICS INC

Printed Circuit Boards

NYSE

SELL

$1,893,350

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-08	Benck Jeff	President and CEO	$47.55	10,000	438,180	-2.2%
2025-12-05	Turner Rhonda R	SVP, Chief HR Officer	$46.90	10,000	44,701	-18.3%
2025-12-05	Beaver Stephen J	SVP, General Counsel and CLO	$47.06	10,000	85,745	-10.4%
2025-12-12	Turner Rhonda R	SVP, Chief HR Officer	$47.83	10,000	34,701	-22.4%

2025-12-30

FTCI

FTC Solar, Inc.

Semiconductors & Related Devices

Nasdaq

SELL

$462,768

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-30	Brandt Yann	Chief Executive Officer	$10.84	37,775	776,425	-4.6%
2025-12-30	Aminpour Sasan	Chief Operating Officer	$10.93	3,239	269,734	-1.2%
2025-12-30	Behnen Cathy	CHIEF FINANCIAL OFFICER	$10.93	1,646	143,534	-1.1%

2025-11-21

NRDE

NU RIDE INC.

Motor Vehicles & Passenger Car Bodies

OTC

BUY

$272,157

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-18	ZYNGIER ALEXANDRE	$1.36	57,252	249,728	+29.7%
2025-11-19	ESOPUS CREEK VALUE SERIES FUND LP - SERIES A	$1.45	8,000	723,000	+1.1%
2025-11-19	Wartell Michael J.	$1.40	100,000	220,533	+83.0%
2025-11-21	ZYNGIER ALEXANDRE	$1.34	32,328	282,056	+12.9%

2025-11-18

BRZE

Braze, Inc.

Services-Prepackaged Software

NASDAQ

SELL

$2,050,240

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Magnuson William	Chief Executive Officer	$26.64	26,698	694,746	-3.7%
2025-11-18	Hyman Jonathan	Chief Technology Officer	$26.64	9,789	195,317	-4.8%
2025-11-18	Winkles Isabelle	Chief Financial Officer	$26.64	12,422	263,660	-4.5%
2025-11-18	Malik Pankaj	Chief Accounting Officer	$26.64	3,644	59,112	-5.8%
2025-11-18	Wiseman Susan	General Counsel	$27.06	9,930	219,794	-4.3%
2025-11-18	Malik Astha	Chief Business Officer	$26.64	14,322	219,338	-6.1%

2025-11-25

EVLV

Evolv Technologies Holdings, Inc.

Computer Peripheral Equipment, NEC

NASDAQ

BUY

$453,020

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-20	Shapiro Richard A		$6.01	46,300	16,400	+100.0%
2025-11-21	Charlton Kevin M.		$5.68	15,000	44,081	+51.6%
2025-11-21	Kedzierski John	President & CEO	$5.91	8,000	8,000	+100.0%
2025-11-25	Marshall Robert E	Chief Revenue Officer	$6.06	7,000	7,000	+100.0%

2026-01-06

IOT

Samsara Inc.

Services-Computer Integrated Systems Design

NYSE

SELL

$18,847,739

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-02	Bicket John	SEE REMARKS	$37.89	170,000	218,173	-43.8%
2025-12-02	Biswas Sanjit	CHIEF EXECUTVE OFFICER	$37.87	160,000	44,952	-78.1%
2025-12-05	Phillips Dominic	SEE REMARKS	$46.09	18,348	683,425	-2.6%
2025-12-10	Eltoukhy Adam	SEE REMARKS	$44.45	9,498	283,602	-3.2%
2025-12-10	Phillips Dominic	SEE REMARKS	$44.46	8,231	666,871	-1.2%
2025-12-10	Kirchhoff Benjamin Louis	CHIEF ACCOUNTING OFFICER	$44.44	1,609	98,976	-1.6%
2025-12-15	Eltoukhy Adam	SEE REMARKS	$40.72	18,952	246,675	-7.1%
2025-12-15	Phillips Dominic	SEE REMARKS	$40.72	48,116	573,114	-7.7%
2025-12-17	Bicket John	SEE REMARKS	$38.45	170,000	137,000	-55.4%
2025-12-17	Biswas Sanjit	CHIEF EXECUTVE OFFICER	$38.43	160,000	127,000	-55.7%
2025-12-22	Eltoukhy Adam	SEE REMARKS	$38.32	4,688	246,675	-1.9%
2025-12-26	Chadwick Jonathan		$36.61	10,000	43,865	-18.6%
2025-12-29	Bicket John	SEE REMARKS	$36.10	170,000	0	-100.0%
2025-12-29	Biswas Sanjit	CHIEF EXECUTVE OFFICER	$36.12	160,000	0	-100.0%
2025-12-30	Kirchhoff Benjamin Louis	CHIEF ACCOUNTING OFFICER	$36.13	1,683	97,293	-1.7%
2026-01-02	Phillips Dominic	SEE REMARKS	$34.24	18,348	573,114	-3.1%
2026-01-06	Bicket John	SEE REMARKS	$34.40	263,900	384,700	-40.7%
2026-01-06	Biswas Sanjit	CHIEF EXECUTVE OFFICER	$34.40	263,900	384,700	-40.7%

2025-11-20

IOT

Samsara Inc.

Services-Computer Integrated Systems Design

NYSE

SELL

$12,186,305

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Bicket John	SEE REMARKS	$36.40	170,000	355,173	-32.4%
2025-11-18	Biswas Sanjit	CHIEF EXECUTVE OFFICER	$36.42	160,000	171,952	-48.2%
2025-11-20	Eltoukhy Adam	SEE REMARKS	$36.04	4,767	302,698	-1.6%

2025-12-22

ZIP

ZIPRECRUITER, INC.

Services-Computer Programming, Data Processing, Etc.

NYSE

SELL

$302,299

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-18	SIEGEL IAN H.	CHIEF EXECUTIVE OFFICER	$4.67	42,206	91,958	-31.5%
2025-12-18	TRAVERS DAVID	President	$4.75	15,878	1,149,524	-1.4%
2025-12-18	Garefis Amy	EVP, Chief People Officer	$4.74	2,532	214,425	-1.2%
2025-12-22	SHIMANOVSKY BORIS F.	EVP, Chief Technology Officer	$4.55	3,889	341,937	-1.1%

2025-11-20

ZIP

ZIPRECRUITER, INC.

Services-Computer Programming, Data Processing, Etc.

NYSE

SELL

$50,705

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Garefis Amy	EVP, Chief People Officer	$3.99	2,847	208,754	-1.3%
2025-11-19	SAKAMOTO RYAN T.	EVP, Chief Legal Officer	$4.10	2,441	115,815	-2.1%
2025-11-20	SHIMANOVSKY BORIS F.	EVP, Chief Technology Officer	$4.00	7,330	325,980	-2.2%

2025-11-26

PCTY

Paylocity Holding Corp

Services-Prepackaged Software

Nasdaq

SELL

$446,921

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	Rost Nicholas	VP CAO & Treasurer	$145.06	359	8,504	-4.1%
2025-11-19	Glenn Ryan	Chief Financial Officer	$143.65	1,737	77,229	-2.2%
2025-11-26	Cappotelli Andrew	Sr Vice President Operations	$147.23	987	21,197	-4.4%

2025-12-17

Guardant Health, Inc.

Services-Medical Laboratories

Nasdaq

SELL

$9,981,124

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-05	Freeman Chris	Chief Commercial Officer	$103.07	31,452	25,987	-54.8%
2025-12-08	Talasaz AmirAli	Co-Chief Executive Officer	$105.05	100,000	168,223	-37.3%
2025-12-08	Kalia Kumud	Chief Information Officer	$104.60	2,000	22,365	-8.2%
2025-12-08	Chudova Darya	Chief Technology Officer	$105.43	22,935	54,480	-29.6%
2025-12-15	Eltoukhy Helmy	Co-Chief Executive Officer	$103.82	90,565	2,047,143	-4.2%
2025-12-15	Chudova Darya	Chief Technology Officer	$104.04	5,451	7,012	-43.7%
2025-12-17	Tariq Musa		$101.46	116	7,993	-1.4%

2025-11-26

QDEL

QuidelOrtho Corp

In Vitro & In Vivo Diagnostic Substances

Nasdaq

BUY

$658,656

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	Blaser Brian J.	President and CEO	$21.34	23,500	29,533	+389.5%
2025-11-21	POLAN MARY LAKE PH D		$22.43	1,000	12,640	+8.6%
2025-11-24	Busky Joseph M.	Chief Financial Officer	$26.06	4,770	6,920	+221.9%
2025-11-26	Wilkins Joseph D Jr.		$27.96	370	11,876	+3.2%

2025-11-18

LandBridge Co LLC

Oil Royalty Traders

NYSE

SELL

$525,000,000

Trade Date	Insider Name	Price	Qty	Change, %
2025-11-18	Capobianco David N	$70.00	2,500,000	-100.0%
2025-11-18	LandBridge Holdings LLC	$70.00	2,500,000	-100.0%
2025-11-18	Five Point Energy Fund II AIV-VII LP	$70.00	2,500,000	-100.0%

2025-11-18

RCKT

ROCKET PHARMACEUTICALS, INC.

Pharmaceutical Preparations

Nasdaq

SELL

$34,463

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Wilson Martin	General Counsel	$2.98	1,646	383,816	-0.4%
2025-11-18	Shah Gaurav	CEO	$2.98	6,276	778,296	-0.8%
2025-11-18	Schwartz Jonathan David	See Remarks	$2.98	2,545	299,064	-0.8%
2025-11-18	Militello John	See Remarks	$2.98	1,086	65,920	-1.6%

2025-12-22

TWST

Twist Bioscience Corp

Biological Products, (No Diagnostic Substances)

Nasdaq

SELL

$76,092

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-22	Leproust Emily M.	Chief Executive Officer	$34.56	1,605	874,313	-0.2%
2025-12-22	Cho Dennis	See Remarks	$34.56	324	144,680	-0.2%
2025-12-22	Green Paula	SVP of Human Resources	$34.56	273	166,639	-0.2%

2025-12-08

TWST

Twist Bioscience Corp

Biological Products, (No Diagnostic Substances)

Nasdaq

SELL

$123,621

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-08	WERNER ROBERT F.	Chief Accounting Officer	$32.88	230	65,913	-0.3%
2025-12-08	Green Paula	SVP of Human Resources	$32.88	877	166,912	-0.5%
2025-12-08	Leproust Emily M.	Chief Executive Officer	$32.88	2,255	875,918	-0.3%
2025-12-08	Cho Dennis	See Remarks	$32.88	398	145,004	-0.3%

2025-11-21

TWST

Twist Bioscience Corp

Biological Products, (No Diagnostic Substances)

Nasdaq

SELL

$381,218

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	JOHANNESSEN JAN		$24.77	7,044	14,859	-32.2%
2025-11-21	WERNER ROBERT F.	Chief Accounting Officer	$28.23	1,051	66,143	-1.6%
2025-11-21	Leproust Emily M.	Chief Executive Officer	$26.50	2,663	878,173	-0.3%
2025-11-21	Laponis Adam	Chief Financial Officer	$26.50	887	142,769	-0.6%
2025-11-21	Green Paula	SVP of Human Resources	$26.50	598	167,789	-0.4%
2025-11-21	Finn Patrick John	President and COO	$26.50	1,776	332,883	-0.5%
2025-11-21	Cho Dennis	See Remarks	$26.50	757	145,402	-0.5%

2025-11-18

CVLT

COMMVAULT SYSTEMS INC

Services-Prepackaged Software

Nasdaq

SELL

$4,058,850

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Merrill Gary	Chief Commercial Officer	$123.10	4,519	67,318	-6.3%
2025-11-18	Mirchandani Sanjay	President & CEO	$122.47	27,762	359,260	-7.2%
2025-11-18	DiRico Jennifer Leigh	Chief Financial Officer	$123.58	830	44,313	-1.8%

2025-12-18

EBAY

EBAY INC

Services-Business Services, NEC

Nasdaq

SELL

$842,059

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-11	Loeger Julie A	SVP, Chief Growth Officer	$82.44	2,896	55,990	-4.9%
2025-12-17	Rawashdeh Mazen	SVP, Chief Technology Officer	$81.90	1,920	5,746	-25.0%
2025-12-18	Boone Cornelius	SVP, Chief People Officer	$83.94	4,462	91,921	-4.6%
2025-12-18	Sweetnam Jordan Douglas Bradley	SVP, Chief Commercial Officer	$82.67	865	4,733	-15.5%

2025-11-20

GLOO

Gloo Holdings, Inc.

Services-Computer Processing & Data Preparation

NASDAQ

BUY

$8,302,000

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-20	FURST JACK D		$8.00	250,000	250,000	+100.0%
2025-11-20	GELSINGER PATRICK P	See Remarks	$8.00	125,000	125,000	+100.0%
2025-11-20	Gotschall Matthew	See Remarks	$8.00	250	250	+100.0%
2025-11-20	Beck Scott Arthur	President and CEO	$8.00	412,500	412,500	+100.0%
2025-11-20	Green Derek Todd		$8.00	250,000	250,000	+100.0%

2025-12-19

CTSH

COGNIZANT TECHNOLOGY SOLUTIONS CORP

Services-Computer Programming Services

Nasdaq

SELL

$920,911

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-12	Kim John Sunshin	CLO, CAO & Corporate Secretary	$83.68	5,000	31,149	-13.8%
2025-12-15	Patsalos-Fox Michael		$83.86	3,000	44,729	-6.3%
2025-12-19	Singisetti Ravi Kumar	Chief Executive Officer	$85.06	2,950	75,209	-3.8%

2025-12-11

CTSH

COGNIZANT TECHNOLOGY SOLUTIONS CORP

Services-Computer Programming Services

Nasdaq

SELL

$1,034,692

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-04	Kim John Sunshin	CLO, CAO & Corporate Secretary	$80.00	2,500	36,149	-6.5%
2025-12-04	Singisetti Ravi Kumar	Chief Executive Officer	$80.01	3,125	75,454	-4.0%
2025-12-11	Patsalos-Fox Michael		$83.52	7,000	47,729	-12.8%

2025-11-19

FHI

FEDERATED HERMES, INC.

Investment Advice

NYSE

SELL

$1,537,405

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	Zierden Theodore W III	Vice President	$47.84	3,721	151,856	-2.4%
2025-11-19	Uhlman Paul A	Vice President	$47.85	6,496	327,434	-1.9%
2025-11-19	Van Meter Stephen	VP, Chief Compliance Officer	$47.86	707	31,889	-2.2%
2025-11-19	FISHER JOHN B	Vice President	$47.87	7,638	463,615	-1.6%
2025-11-19	Germain Peter J	EVP, CLO & Sec.	$47.85	6,856	217,468	-3.1%
2025-11-19	Novak Richard A	Principal Accounting Officer	$47.85	1,249	57,500	-2.1%
2025-11-19	Dudiak Dolores D	Vice President	$47.87	999	88,223	-1.1%
2025-11-19	Nusseibeh Saker Anwar	CEO, Federated Hermes Limited	$47.85	4,461	161,578	-2.7%

2025-11-25

ATI

ATI INC

Steel Pipe & Tubes

NYSE

SELL

$8,204,986

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Harris Timothy J	Senior VP and CDIO	$97.77	10,542	108,852	-8.8%
2025-11-18	WETHERBEE ROBERT S	Executive Chairman	$98.34	60,000	246,538	-19.6%
2025-11-21	Busch Tina Killough	SVP, CHRO	$93.26	2,598	21,274	-10.9%
2025-11-25	Harris Timothy J	Senior VP and CDIO	$97.88	10,542	98,310	-9.7%

2025-11-24

ULBI

ULTRALIFE CORP

Miscellaneous Electrical Machinery, Equipment & Supplies

Nasdaq

BUY

$287,771

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	Manna Michael Edward	President and CEO	$4.97	2,000	24,874	+8.7%
2025-11-19	WHITMORE BRADFORD T		$4.97	53,900	1,182,631	+4.8%
2025-11-24	Robert W. Shaw		$5.67	1,750	71,000	+2.5%

2025-11-21

NWTG

Newton Golf Company, Inc.

Sporting & Athletic Goods, NEC

NASDAQ

BUY

$187,545

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-17	CAMPBELL GREGOR ALASDAIR	Executive Chairman & CEO	$1.00	40,000	125,944	+46.5%
2025-11-18	CLAYBORNE JEFF	Chief Financial Officer	$1.05	11,548	11,548	+100.0%
2025-11-18	Hoge Brett Widney		$1.09	102,000	250,371	+68.7%
2025-11-21	Hoge Brett Widney		$1.21	20,000	270,373	+8.0%

2025-12-03

VRTX

VERTEX PHARMACEUTICALS INC / MA

Pharmaceutical Preparations

Nasdaq

SELL

$8,564,758

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-03	WAGNER CHARLES F JR	EVP, CO & FO	$456.00	14,000	37,725	-27.1%
2025-12-03	Biller Jonathan	EVP and Chief Legal Officer	$449.00	347	15,306	-2.2%
2025-12-03	Tatsis Ourania	EVP, Chief Reg. & Quality Off.	$449.99	4,500	46,793	-8.8%

2025-12-04

FOA

Finance of America Companies Inc.

Mortgage Bankers & Loan Correspondents

NYSE

SELL

$47,901,885

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Sieffert Kristen N	President	$23.50	750	81,049	-0.9%
2025-12-04	Blackstone Tactical Opportunities Fund - U - NQ L.L.C.		$10.00	1,596,142	1,208,126	-56.9%
2025-12-04	Blackstone Tactical Opportunities Associates - NQ L.L.C.		$10.00	1,596,142	1,208,126	-56.9%
2025-12-04	BTO Urban Holdings L.L.C.		$10.00	1,596,142	1,208,126	-56.9%

2025-12-22

MAX

MediaAlpha, Inc.

Services-Business Services, NEC

NYSE

SELL

$1,668,298

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-08	Nonko Eugene		$13.30	36,300	1,623,120	-2.2%
2025-12-08	Yi Steven	See Remarks	$13.28	24,000	2,903,330	-0.8%
2025-12-12	COYNE JEFFREY B	GENERAL COUNSEL AND SECRETARY	$13.16	5,000	441,783	-1.1%
2025-12-10	Yeh Kuanling Amy	Chief Technology Officer	$13.42	15,000	399,662	-3.6%
2025-12-15	Yi Steven	See Remarks	$12.79	24,000	2,879,330	-0.8%
2025-12-15	Cramer Keith	Chief Revenue Officer	$12.83	10,000	187,169	-5.1%
2025-12-15	Nonko Eugene		$12.79	36,300	1,603,020	-2.2%
2025-12-22	Yi Steven	See Remarks	$12.74	24,000	2,855,330	-0.8%
2025-12-22	Nonko Eugene		$12.76	36,300	1,582,920	-2.2%

2025-12-15

SYM

Symbotic Inc.

General Industrial Machinery & Equipment, NEC

Nasdaq

SELL

$372,636,052

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-28	Saintil Merline		$84.72	9,000	68,413	-11.6%
2025-11-26	Kuffner James	CHIEF TECHNOLOGY OFFICER	$81.30	8,348	30,640	-21.4%
2025-12-03	KRASNOW TODD		$71.00	4,000	0	-100.0%
2025-12-08	SOFTBANK GROUP CORP.		$53.21	3,500,000	5,590,000	-38.5%
2025-12-08	SVF Sponsor III (DE) LLC		$53.21	3,500,000	5,590,000	-38.5%
2025-12-15	Boyd William M III	Chief Strategy Officer	$60.51	2,455	24,314	-9.2%

2025-12-19

RPRX

Royalty Pharma plc

Pharmaceutical Preparations

NASDAQ

SELL

$8,443,509

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-15	Coyne Terrance P.	EVP & CFO	$38.36	69,582	43,510	-61.5%
2025-12-16	Urist Marshall	EVP, Research & Investments	$38.32	20,000	140,000	-12.5%
2025-12-17	Lloyd George W.	EVP, Investments & CLO	$38.55	110,000	0	-100.0%
2025-12-19	Urist Marshall	EVP, Research & Investments	$38.38	20,000	120,000	-14.3%

2025-12-05

RPRX

Royalty Pharma plc

Pharmaceutical Preparations

NASDAQ

SELL

$10,436,268

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Coyne Terrance P.	EVP & CFO	$39.87	69,582	47,260	-59.6%
2025-12-01	Urist Marshall	EVP, Research & Investments	$39.92	41,575	25,640	-61.9%
2025-12-03	Lloyd George W.	EVP, Investments & CLO	$39.77	110,000	110,000	-50.0%
2025-12-05	Urist Marshall	EVP, Research & Investments	$39.15	41,576	7,398	-84.9%

2025-11-20

UTZ

Utz Brands, Inc.

Miscellaneous Food Preparations & Kindred Products

NYSE

BUY

$1,028,639

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-18	Lissette Dylan	$9.99	7,010	160,694	+4.6%
2025-11-20	Series U of UM Partners, LLC	$9.59	85,000	3,570,000	+2.4%
2025-11-20	Series R of UM Partners, LLC	$9.59	15,000	630,000	+2.4%

2025-12-19

GTLB

Gitlab Inc.

Services-Prepackaged Software

Nasdaq

SELL

$14,998,107

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-15	Sijbrandij Sytse		$38.95	54,300	0	-100.0%
2025-12-16	Mundy Simon	Chief Accounting Officer	$38.33	3,479	47,184	-6.9%
2025-12-19	Jacobson Matthew		$38.08	334,827	0	-100.0%

2025-11-21

EVER

EverQuote, Inc.

Services-Computer Programming, Data Processing, Etc.

Nasdaq

SELL

$371,650

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Ayotte Jon	Chief Accounting Officer	$24.54	376	55,822	-0.7%
2025-11-18	Sanborn Joseph	Chief Financial Officer	$24.54	512	251,403	-0.2%
2025-11-21	Ayotte Jon	Chief Accounting Officer	$23.80	491	52,872	-0.9%
2025-11-20	Mendal Jayme	CEO and President	$23.55	14,360	452,412	-3.1%

2025-11-17

LAW

CS Disco, Inc.

Services-Prepackaged Software

NYSE

SELL

$290,303

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-17	Lafair Michael	EVP, Chief Financial Officer	$6.59	15,214	802,592	-1.9%
2025-11-17	Herckis Karen	EVP, Chief HR Officer	$6.59	5,826	140,430	-4.0%
2025-11-17	Garcia Susan	GC & Chief Compliance Officer	$6.59	11,162	77,980	-12.5%
2025-11-17	Crum Richard Francis	EVP, Chief Prod & Tech Officer	$6.59	4,779	229,170	-2.0%
2025-11-17	Antoon Melanie	EVP, Chief Customer Officer	$6.59	7,071	232,710	-2.9%

2025-11-24

FOSL

Fossil Group, Inc.

Watches, Clocks, Clockwork Operated Devices/Parts

Nasdaq

BUY

$714,398

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-18	Fogliato Franco	CEO	$1.80	200,000	1,950,000	+11.4%
2025-11-18	Martin Joe T	Chief Commercial Officer	$1.78	56,180	185,761	+43.4%
2025-11-20	Schoppert Wendy Lee		$2.47	41,322	43,788	+1,675.7%
2025-11-20	Tifford Gail B		$2.40	33,000	135,925	+32.1%
2025-11-21	Edwards Pamela J		$2.37	10,000	12,466	+405.5%
2025-11-24	Greben Randy J	CFO	$2.38	20,980	170,980	+14.0%

2025-11-26

REAL

TheRealReal, Inc.

Retail-Miscellaneous Retail

Nasdaq

SELL

$4,923,448

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-17	Baird Gilbert L. III		$13.21	7,686,442	0	-100.0%
2025-11-18	Suko Todd A	Chief Legal Officer and Secret	$14.08	75,693	711,054	-9.6%
2025-11-21	Suko Todd A	Chief Legal Officer and Secret	$13.06	31,611	679,443	-4.4%
2025-11-21	Friang Luke Thomas	Chief Product & Tech Officer	$13.06	18,619	499,265	-3.6%
2025-11-21	Sahi Levesque Rati	Chief Executive Officer	$13.06	97,036	1,604,178	-5.7%
2025-11-21	Lo Steve Ming	Chief Accounting Officer	$13.06	22,426	309,342	-6.8%
2025-11-21	Madan Gopal Ajay	Chief Financial Officer	$13.06	30,196	1,184,612	-2.5%
2025-11-25	Suko Todd A	Chief Legal Officer and Secret	$14.10	72,933	606,510	-10.7%
2025-11-25	Lo Steve Ming	Chief Accounting Officer	$14.46	59,789	249,553	-19.3%
2025-11-26	Madan Gopal Ajay	Chief Financial Officer	$14.73	28,520	1,156,092	-2.4%

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.