Similarweb (SMWB) CEO Offer Or Sells 62,900 Shares

What Happened

• CEO Offer Or reported two sales of Similarweb (SMWB) stock: 34,500 shares sold on 2026-09-22 for a weighted average $8.38 ($289,034) and 28,400 shares sold on 2026-09-23 for a weighted average $8.54 ($242,403). Total disposed: 62,900 shares for approximately $531,437. Both transactions are coded as sales (S).

Key Details

• Transaction dates and prices:
  • 2026-09-22: 34,500 shares at weighted avg $8.38 (range reported $8.22–$8.50) — $289,034 (F2).
  • 2026-09-23: 28,400 shares at weighted avg $8.54 (range reported $8.37–$8.61) — $242,403 (F3).
• Shares owned after transaction: Not specified in the provided filing excerpt; see the full Form 4 for post-transaction holdings.
• Notable footnotes:
  • F1: Sales were made pursuant to a Rule 10b5-1 trading plan adopted June 1, 2026.
  • F2/F3: Reported prices are weighted averages across multiple trades; the filer offers to provide per-trade details upon request.
• Timeliness: Form filed 2026-09-24 for transactions on 9/22 and 9/23. No late-filing indication in the excerpt (Form 4s are generally due within two business days).

Context

• These were planned sales under a 10b5-1 plan, which means the trades were pre-arranged and executed according to a previously adopted schedule or rules. Such plans are commonly used to avoid the appearance of trading on inside information; they do not, by themselves, indicate the insider’s current view of the company.
• For retail investors: purchases are often more informative about insider conviction than routine sales, but tracking patterns over time (size, frequency, and relation to prior holdings) can still be useful.