SIMILARWEB (SMWB) CEO Sells 79,591 Shares

What Happened The company's CEO sold a total of 79,591 shares (52,900 on 2026-09-14 and 26,691 on 2026-09-15) in open-market transactions. The weighted-average prices reported were $8.54 (9/14) and $8.53 (9/15), for aggregate proceeds of approximately $679,236. These were sales (not purchases) and thus generally reflect disposition of shares rather than a bullish insider buy.

Key Details

• Transaction type: Sales (Code S), open-market / private sale.
• Dates and prices:
  • 2026-09-14: 52,900 shares at a weighted average $8.54 (individual trades ranged $8.07–$8.70) — proceeds ≈ $451,650. (Footnote F2)
  • 2026-09-15: 26,691 shares at a weighted average $8.53 (individual trades ranged $8.32–$8.70) — proceeds ≈ $227,586. (Footnote F3)
• Total shares sold: 79,591; total reported proceeds ≈ $679,236.
• Plan/authorization: Sales were made pursuant to a Rule 10b5-1 trading plan adopted June 1, 2026. (Footnote F1)
• Shares owned after transaction: Not disclosed in the provided filing.
• Filing notes: This is an amended Form 4 clarifying and removing duplicate reports (previous accession numbers cited). Filing date (2026-09-16) appears timely relative to the reported trade dates.

Context Sales executed under a pre-established 10b5-1 plan are typically scheduled and may be routine (the filing is factual and does not imply insider sentiment). Because these are sales rather than purchases, they are less commonly interpreted as a bullish signal. The amendment only corrects duplicate reporting and does not change the substance of the transactions.