Similarweb (SMWB) CEO Offer Or Sells 114,300 Shares

What Happened Offer Or, CEO of Similarweb Ltd. (SMWB), sold a total of 114,300 shares on 2026-09-24 in open-market transactions. The filings report 113,900 shares sold at a weighted-average price of $7.69 for $875,754 and 400 shares sold at a weighted-average price of $8.37 for $3,348, for aggregate proceeds of $879,102. These were sales (not purchases or option exercises).

Key Details

• Transaction date: 2026-09-24; Form 4 filed 2026-09-25 (timely).
• Reported weighted-average prices and totals: 113,900 @ $7.69 = $875,754; 400 @ $8.37 = $3,348; total ≈ $879,102.
• Footnote F1: Sales were executed under a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2026.
• Footnotes F2/F3: The reported prices are weighted averages; individual trades ranged $7.33–$8.305 (for the larger block) and $8.355–$8.41 (for the smaller block). The filer can provide per-trade prices on request.
• Shares owned after the transactions: not specified in the information provided on this Form 4.
• Transaction code: S = Sale (routine disposition).

Context These were planned dispositions under a 10b5-1 plan, which typically means the sales were pre-scheduled and not necessarily a new signal about the CEO’s view of the company. Sales are common and generally less informative than insider purchases; the 10b5-1 disclosure and weighted-average pricing indicate multiple executions across price points.