Michael Wittmann, chief operating officer at indie Semiconductor (INDI), has filed 52 Form 4 transactions, all in that single company. The pattern is one-sided: he has recorded no open-market purchases and no acquisitions of shares through other means. His total sales value is $1,803,898.67, and every recent trade with a dollar amount is a sale.
The most recent cluster of activity runs from March through September 2026. On September 2, 2026, Wittmann sold shares in two transactions worth $66,145.72 and $79,547.72. Earlier sales include $174,199.49 on August 14, $134,460.42 on July 2, and $190,446.65 on June 4. Smaller sales, such as $8,852.93 and $20,360.82 on July 6, also appear. The largest single sale in the recent window was the June 4 transaction, and the smallest was the July 6 sale under $9,000.
The Form 4 codes show that the sales are paired with option exercises (code M) and grants (code A), both valued at $0 in the filings. These exercises and awards are compensation mechanics, not purchases. The sales themselves are open-market transactions (code S), meaning Wittmann sold shares he already held. Over the full filing history, he has sold roughly $1.8 million worth of INDI stock, with no offsetting buys. The recent 14 sales, all in INDI, continue that direction.
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