Similarweb (SMWB) CEO Or Offer Sells 76,119 Shares

What Happened
Or Offer, CEO of Similarweb Ltd. (SMWB), sold a total of 76,119 shares in two open‑market transactions on Sept. 16–17, 2026, receiving about $637,648 in gross proceeds. The first sale was 45,719 shares at a weighted average price of $8.40 ($383,930); the second was 30,400 shares at a weighted average price of $8.35 ($253,718). These were sales (not purchases), which are often routine insider liquidity events.

Key Details

• Transaction dates and prices:
  • 2026-09-16: 45,719 shares sold, weighted avg price $8.40, proceeds ~$383,930 (per-footnote range $8.235–$8.76).
  • 2026-09-17: 30,400 shares sold, weighted avg price $8.35, proceeds ~$253,718 (per-footnote range $8.19–$8.50).
• Total sold: 76,119 shares for ~$637,648.
• Shares owned after the transaction: Not specified in the provided Form 4 excerpt.
• Footnotes of note:
  • Sale executed pursuant to a Rule 10b5‑1 trading plan adopted June 1, 2026 (preplanned sales).
  • Reported prices are weighted averages; the filer can provide per‑trade breakdowns on request.
• Filing timeliness: Form 4 filed 2026‑09‑18 for transactions on 2026‑09‑16/17 — appears timely (Form 4 is typically due within two business days).

Context
A 10b5‑1 plan indicates these sales were prearranged and may reduce the degree to which they reflect the insider’s current view of the company. For retail investors, purchases generally carry more signal about insider confidence than routine sales; these transactions look like planned liquidity rather than opportunistic trades.