Similarweb (SMWB) CEO Offer Or Sells Shares

What Happened

• Offer Or, CEO of Similarweb Ltd. (SMWB), sold a total of 79,591 shares in open-market transactions on September 14 and 15, 2026. The sales were for 52,900 shares at a weighted-average price of $8.54 (approx. $451,650) and 26,691 shares at a weighted-average price of $8.53 (approx. $227,586), for a combined proceeds of roughly $679,236. These were sales (not purchases), which are often routine insider liquidity events.

Key Details

• Transaction dates and prices:
  • 2026-09-14: Sold 52,900 shares, weighted-average price $8.54 (individual sale prices ranged $8.07–$8.70 per footnote).
  • 2026-09-15: Sold 26,691 shares, weighted-average price $8.53 (individual sale prices ranged $8.32–$8.70 per footnote).
• Total shares sold: 79,591; total proceeds: ~ $679,236.
• Shares owned after transaction: Not specified in the excerpt provided on this Form 4.
• Footnotes of note:
  • Sales were made pursuant to a Rule 10b5-1 trading plan adopted June 1, 2026 (pre-arranged plan).
  • Reported prices are weighted averages; the filer offered ranges and will provide a breakdown on request.
• Filing timeliness: Form filed on 2026-09-16 for transactions on 9/14–9/15 — appears to be timely (not marked late).

Context

• The trades were executed under a 10b5-1 plan, meaning they were pre-scheduled and commonly used to avoid trading on nonpublic information; such sales are generally viewed as routine liquidity rather than a clear signal about the company’s prospects. Purchases typically convey more direct insider confidence than planned sales.