SIMILARWEB (SMWB) CEO Offer Or Sells 147,000 Shares

What Happened

• Offer Or, CEO of SIMILARWEB LTD. (SMWB), sold a total of 147,000 shares in two dispositions: 60,700 shares on 2026-09-08 and 86,300 shares on 2026-09-09, for aggregate proceeds of approximately $1,200,903. Both transactions are reported as sales (S) and were effected under a Rule 10b5-1 trading plan.

Key Details

• Transaction dates and prices:
  • 2026-09-08: 60,700 shares sold at a weighted average price of $8.33 (individual trades ranged $8.24–$8.56). (F2)
  • 2026-09-09: 86,300 shares sold at a weighted average price of $8.06 (individual trades ranged $8.00–$8.22). (F3)
• Total proceeds: ~$505,601 (Sep 8) + ~$695,302 (Sep 9) = ~$1,200,903.
• Sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2026 (F1).
• Shares owned after the transactions: not specified in the provided excerpt of the filing; check the full Form 4 for updated beneficial ownership.
• Filing timeliness: Form filed 2026-09-10 for transactions on 2026-09-08 and 2026-09-09 — no late filing is indicated in the excerpt.

Context

• These were sales (routine disposition) executed under a pre-established 10b5-1 plan. Such plans allow insiders to sell on a preset schedule and are intended to limit claims of trading on material nonpublic information; they do not by themselves indicate management sentiment. For breakdowns of the exact number of shares sold at each specific price, the filer’s footnotes state they will provide that information upon request.