indie Semiconductor, Inc. reported an insider ownership change involving Michael Wittmann, who sold shares of the company’s Class A common stock on July 6, 2026. The Form 4 reports that Wittmann sold 4,356 shares of indie Semiconductor Class A common stock in the open market at a weighted average price of $4.6742 per share. Based on that average price, the transaction generated approximately $20,361 in gross proceeds. The sale price reflects multiple separate transactions executed at prices ranging from $4.42 to $4.84 per share. According to the filing’s explanatory notes, the shares were sold to cover tax withholding obligations connected with the vesting of restricted stock units. The filing characterizes the transaction as part of an automated sale process rather than a discretionary open-market sale for investment reasons. The sale was made under Wittmann’s Rule 10b5-1 trading plan, which was originally adopted on March 15, 2024, and later modified on May 26, 2025. The plan provides for automated open-market sales of indie Semiconductor Class A common stock on predetermined dates through March 31, 2027. The filing was signed on July 8, 2026, by Naixi Wu under power of attorney for Michael Wittmann. The provided filing text does not state Wittmann’s beneficial ownership after the reported sale, nor does it provide additional RSU vesting quantities beyond the shares sold for tax withholding.
Stock detail
Indie Semiconductor (INDI) stock price, chart, and key data
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Stock detail
Indie Semiconductor
INDI · XNAS
-$0.08 (-2.21%) past day
$3.54
Key metrics
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Operating income & Operating cash flow
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Total equity & Shares outstanding
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Day range
$3.48 - $3.71
Close price
$3.64
Market cap
$769.1M
P/E ratio
-16.83
Financials
FY2026 Q1Operating income
-$39M
Operating cash flow
-$22M
EPS
-0.21
Shares outstanding
211.3M
Total assets
$870M
Total equity
$349M
Total liabilities
$521M
About the company
Indie Semiconductor Inc A
Indie Semiconductor Inc caters to the autotech industry with semiconductors, photonics, and software platforms. The company's products include devices for a multitude of automotive applications spanning vision and radar processors, in-cabin wireless charging and USB power delivery, device interfacing through Apple CarPlay and Android Auto, and high-speed video and data connectivity. New products under evaluation or development include LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. Its Photonics division mainly offers low-noise lasers, standard, and custom light sources. Geographically, the company generates the majority of its revenue from Greater China and the rest from the United States, Europe, South Korea, and other regions.
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Mean target
$5.56
3
Buy
/ 5
Recent calls
07/13/2026
TD Cowen
Joshua Buchalter
Hold · Price target $4.50
06/18/2026
Roth MKM
Suji Desilva
Buy · Price target $7.00
06/15/2026
UBS
Natalia Winkler
Hold · Price target $4.75
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