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Insider Trading Pulse — July 20, 2026

Insider Trading Pulse

By Gunpowder Editorial ·

50 high priority 50 total filings analysed

Executive Summary

Today's insider trading pulse reveals a bifurcated market with significant insider selling by multiple C-suite executives at Sea Ltd, Incyte Corp, and MapLight Therapeutics, contrasting with notable insider buying at Flora Growth Corp and 17 Education & Technology Group.

The most material insider sale came from Toyota Motor Corp's Vice Chairman ($1.58M), while the largest buy was Flora Growth's Executive Chairman ($3.48M). A striking pattern emerges with Director Mahai Chris LaVictoire making coordinated purchases across four abrdn healthcare funds, signaling conviction in the healthcare sector. The day is dominated by neutral award filings (stock options, RSUs) which represent routine compensation, but the concentrated selling by CFOs and COOs at Sea Ltd and MapLight warrants close attention. Period-over-period trends from the enriched data show no major revenue or margin shifts reported in these filings, as the focus remains on transaction-level insider activity. The most critical development is the coordinated insider selling at Sea Ltd across three top executives totaling over $1.28M, all under 10b5-1 plans, which may indicate a pre-planned diversification strategy rather than a negative signal.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: Form 4

Tracking the trend? Catch up on the prior Insider Trading Pulse digest from July 17, 2026.

Investment Signals (10)

  • Executive Chairman bought $3.48M at $0.75/share, plus received 500K options, signaling strong conviction in turnaround

  • Sea Ltd (BEARISH)

    Three top executives (CFO, COO, CCO) sold combined $1.28M+ under 10b5-1 plans; CFO sold 86% of holdings, leaving only 960 shares

  • CAO/Interim CFO and Chief Discovery Officer sold combined $1.17M under 10b5-1 plans at ~$37/share, representing significant insider liquidation

  • Vice Chairman sold $1.58M at $17.83, one of the largest single insider sales today, reducing holdings by 13.5%

  • CEO bought $15.9K across 5 transactions at ~$2.08, showing insider confidence despite low share price

  • abrdn Healthcare Funds (BULLISH)

    Director Mahai Chris LaVictoire bought $10.5K each in 4 different healthcare funds (Investors, Life Sciences, Opportunities, World Healthcare), signaling sector conviction

  • Director sold $1.86M at $202.94 after exercising options at $27.10, realizing a 7.5x gain; this is profit-taking rather than a negative signal

  • EVP of U.S. Commercial sold $126K under 10b5-1 plan while receiving 7,857 shares and 19,643 performance shares; net position increased

  • SOLAI Ltd (BULLISH)

    Director bought $194K at $3.57, increasing holdings by 70%, a strong vote of confidence in the ADR

  • LGL Group (BULLISH)

    10% owner Mario Gabelli exercised $4.29M in subscription rights, converting to common stock, signaling long-term commitment

Risk Flags (7)

  • CFO Hou Tianyu sold 5,887 shares leaving only 960 shares remaining (0.3% of pre-sale holdings), near-total liquidation of direct position

  • Two senior executives (CAO/Interim CFO and Chief Discovery Officer) sold $1.17M combined on same day, representing 10.5% and 7.5% of their holdings respectively

  • CTO sold 1,353 shares at $1.28, near 52-week lows, while VP HR also sold 3,795 shares, indicating potential distress

  • $1.58M sale by Vice Chairman Sato Koji is unusually large for a Japanese executive, may signal concerns about EV transition or yen impact

  • Both Chief Commercial Officer and SVP/CHRO had shares withheld for taxes after exercising RSUs, indicating option exercises at depressed $3.70 price

  • CEO had 542 shares withheld for taxes at $43.04, routine but notable given restaurant industry margin pressures

  • CAO exercised 4,800 options and sold 1,732 shares, a mixed signal that may indicate tax planning rather than conviction

Opportunities (8)

  • Executive Chairman's $3.48M purchase at $0.75 represents 4.6M shares; with additional 500K options, this is a strong vote of confidence in the cannabis/hemp company's turnaround

  • abrdn Healthcare Funds / Director Buying (OPPORTUNITY)

    Director Mahai Chris LaVictoire bought $10.5K in each of 4 healthcare funds (Investors, Life Sciences, Opportunities, World Healthcare), signaling a coordinated bet on healthcare sector

  • CEO bought $15.9K across 5 transactions at $2.08, increasing stake by 28%; with ADR at low levels, this signals belief in EdTech recovery

  • Director bought $194K at $3.57, increasing holdings 70%; solar energy play with insider confidence at current levels

  • Mario Gabelli exercised $4.29M in subscription rights, converting to 621,928 common shares; activist investor increasing stake signals potential value unlock

  • President of R&D received 13,403 shares, 33,508 performance shares, and 57,861 options; large equity grant signals confidence in pipeline, particularly in oncology

  • Horizon Kinetics bought 1 share at $420.15, nominal but signals continued institutional interest in this unique asset

  • Horizon Kinetics bought 756 shares at $3.02, continuing accumulation pattern in this closed-end fund

Sector Themes (6)

  • Healthcare Insider Buying Cluster (BULLISH)

    Director Mahai Chris LaVictoire bought into 4 different abrdn healthcare funds (Healthcare Investors, Life Sciences Investors, Healthcare Opportunities, World Healthcare) totaling $42K, signaling broad healthcare sector conviction

  • Tech Insider Selling Dominance (BEARISH)

    Sea Ltd (3 executives, $1.28M), MapLight Therapeutics (2 executives, $1.17M), and Doximity (CAO) all reported insider selling, suggesting profit-taking or concern in tech/growth names

  • 10b5-1 Plan Selling Pattern (NEUTRAL)

    Multiple insiders (Sea Ltd, MapLight, Incyte, Doximity) sold under pre-arranged 10b5-1 plans, which reduces negative signal intensity but still indicates planned diversification

  • Option Exercise and Tax Withholding Activity (NEUTRAL)

    Multiple companies (Culp Inc, Cintas, Doximity, BJs Restaurants) saw insiders exercise options and sell or withhold shares for taxes, a common pattern after vesting periods

  • Small-Cap Insider Buying (BULLISH)

    Flora Growth ($3.48M), 17 Education ($15.9K), SOLAI ($194K), and abrdn funds ($42K) all saw insider buying, concentrated in smaller market cap names

  • Award-Heavy Day (NEUTRAL)

    22 of 50 filings were stock/option awards to executives and directors, representing routine compensation rather than discretionary trading

Watch List (8)

  • Sea Ltd (WATCH)
    👁

    Three executives sold $1.28M+ under 10b5-1 plans; CFO left with only 960 shares; watch for Q2 earnings and any further insider selling

  • Two senior executives sold $1.17M combined; watch for clinical trial updates or partnership announcements given insider liquidation

  • 👁

    Executive Chairman bought $3.48M; watch for operational updates and revenue growth trajectory in upcoming earnings

  • 👁

    Vice Chairman sold $1.58M; watch for EV strategy updates and yen impact on earnings

  • Incyte Corp (WATCH)
    👁

    Multiple executives received large equity grants (CEO: 26,807 shares + 80,421 performance shares); watch for pipeline updates and FDA decisions

  • Cintas Corp (WATCH)
    👁

    Director sold $1.86M after exercising options; watch for insider selling pattern from other directors

  • abrdn Healthcare Funds (WATCH)
    👁

    Director bought into 4 funds; watch for NAV discounts and potential catalyst in healthcare sector

  • CEO accumulating at $2.08; watch for turnaround signs and regulatory changes in China EdTech

Filing Analyses (50)
Kalaris Therapeutics, Inc. 4 neutral materiality 5/10

20-07-2026

Chief Financial Officer Bayko Liisa Ann was awarded 220,000 Stock Option (Right to Buy).

  • · Chief Financial Officer Bayko Liisa Ann was awarded 220,000 Stock Option (Right to Buy)
Flora Growth Corp. 4 positive materiality 6/10

20-07-2026

Executive Chairman Heinrich Michael bought 4,608,575 Common Shares at $0.75 (~$3.48M). Heinrich Michael holds 4,608,575 shares after the transaction.

  • · Executive Chairman Heinrich Michael bought 4,608,575 Common Shares at $0.75 (~$3.48M)
  • · Executive Chairman Heinrich Michael was awarded 500,000 Employee Stock Option (Right to Buy)
PLAYSTUDIOS, Inc. 4 neutral materiality 4/10

20-07-2026

Director ZANELLA STEVEN J was awarded 120,000 Class A Common Stock. ZANELLA STEVEN J holds 364,992 shares after the transaction.

  • · Director ZANELLA STEVEN J was awarded 120,000 Class A Common Stock
IAC Inc. 4 neutral materiality 5/10

20-07-2026

Director Von Furstenberg Alexander was awarded 5,490 Restricted Stock Units.

  • · Director Von Furstenberg Alexander was awarded 5,490 Restricted Stock Units
Cingulate Inc. 4 neutral materiality 5/10

20-07-2026

EVP and Chief Medical Officer Brams Matthew was awarded 53,600 Stock Option (right to Buy).

  • · EVP and Chief Medical Officer Brams Matthew was awarded 53,600 Stock Option (right to Buy)
  • · EVP and Chief Medical Officer Brams Matthew was awarded 26,400 Stock Option (right to Buy)
Nexxen International Ltd. 4 negative materiality 6/10

20-07-2026

Chief Financial Officer Niri Sagi sold 35,000 Common Stock at $10.31 (~$361K). Niri Sagi holds 144,066 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chief Financial Officer Niri Sagi sold 35,000 Common Stock at $10.31 (~$361K)
MoonLake Immunotherapeutics 4 negative materiality 3/10

20-07-2026

Chief Scientific Officer Reich Kristian sold 16,105 Class A ordinary shares, par value $0.0001 per share at $20.01 (~$322K). Reich Kristian holds 2,808,446 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chief Scientific Officer Reich Kristian sold 16,105 Class A ordinary shares, par value $0.0001 per share at $20.01 (~$322K)
Sea Ltd 4 negative materiality 2/10

20-07-2026

CCO and GC Wang Yanjun sold 490 Class A ordinary shares at $103.44 (~$50.7K). 11 transactions reported in total. Wang Yanjun holds 31,300 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · CCO and GC Wang Yanjun sold 463 Class A ordinary shares at $106.05 (~$49.1K)
  • · CCO and GC Wang Yanjun sold 211 Class A ordinary shares at $107.35 (~$22.7K)
  • · CCO and GC Wang Yanjun sold 147 Class A ordinary shares at $107.96 (~$15.9K)
  • · CCO and GC Wang Yanjun sold 184 Class A ordinary shares at $109.10 (~$20.1K)
  • · CCO and GC Wang Yanjun sold 153 Class A ordinary shares at $110.12 (~$16.8K)
  • · CCO and GC Wang Yanjun sold 342 Class A ordinary shares at $111.00 (~$38K)
  • · CCO and GC Wang Yanjun sold 223 Class A ordinary shares at $101.46 (~$22.6K)
  • · CCO and GC Wang Yanjun sold 205 Class A ordinary shares at $102.47 (~$21K)
Sea Ltd 4 negative materiality 4/10

20-07-2026

COO Ye Gang sold 5,778 Class A ordinary shares at $107.29 (~$620K). 11 transactions reported in total. Ye Gang holds 320,000 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · COO Ye Gang sold 4,199 Class A ordinary shares at $106.28 (~$446K)
  • · COO Ye Gang sold 5,778 Class A ordinary shares at $107.29 (~$620K)
  • · COO Ye Gang sold 2,877 Class A ordinary shares at $108.01 (~$311K)
  • · COO Ye Gang sold 3,611 Class A ordinary shares at $109.15 (~$394K)
  • · COO Ye Gang sold 2,639 Class A ordinary shares at $110.14 (~$291K)
  • · COO Ye Gang sold 896 Class A ordinary shares at $110.95 (~$99.4K)
  • · COO Ye Gang sold 3,932 Class A ordinary shares at $101.44 (~$399K)
  • · COO Ye Gang sold 4,519 Class A ordinary shares at $102.40 (~$463K)
MapLight Therapeutics, Inc. 4 negative materiality 6/10

20-07-2026

CAO and Interim CFO GILLIS JONATHAN sold 16,969 Voting Common Stock at $37.61 (~$638K). 7 transactions reported in total. GILLIS JONATHAN holds 144,240 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · CAO and Interim CFO GILLIS JONATHAN sold 5,356 Voting Common Stock at $36.13 (~$194K)
  • · CAO and Interim CFO GILLIS JONATHAN sold 4,699 Voting Common Stock at $36.94 (~$174K)
  • · CAO and Interim CFO GILLIS JONATHAN sold 6,979 Voting Common Stock at $36.66 (~$256K)
  • · CAO and Interim CFO GILLIS JONATHAN sold 1,476 Voting Common Stock at $37.44 (~$55.3K)
  • · CAO and Interim CFO GILLIS JONATHAN sold 600 Voting Common Stock at $36.51 (~$21.9K)
  • · CAO and Interim CFO GILLIS JONATHAN sold 16,969 Voting Common Stock at $37.61 (~$638K)
  • · CAO and Interim CFO GILLIS JONATHAN sold 900 Voting Common Stock at $38.17 (~$34.4K)
Sea Ltd 4 negative materiality 7/10

20-07-2026

CFO Hou Tianyu sold 5,887 Class A ordinary shares at $103.51 (~$609K). 5 transactions reported in total. Hou Tianyu holds 960 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · CFO Hou Tianyu sold 2,840 Class A ordinary shares at $101.48 (~$288K)
  • · CFO Hou Tianyu sold 2,177 Class A ordinary shares at $102.54 (~$223K)
  • · CFO Hou Tianyu sold 5,887 Class A ordinary shares at $103.51 (~$609K)
  • · CFO Hou Tianyu sold 3,136 Class A ordinary shares at $104.35 (~$327K)
  • · CFO Hou Tianyu sold 960 Class A ordinary shares at $105.11 (~$101K)
MapLight Therapeutics, Inc. 4 negative materiality 5/10

20-07-2026

Chief Discovery Officer Kreitzer Anatol sold 14,140 Voting Common Stock at $37.70 (~$533K). 7 transactions reported in total. Kreitzer Anatol holds 174,906 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chief Discovery Officer Kreitzer Anatol sold 5,545 Voting Common Stock at $36.13 (~$200K)
  • · Chief Discovery Officer Kreitzer Anatol sold 4,510 Voting Common Stock at $36.94 (~$167K)
  • · Chief Discovery Officer Kreitzer Anatol sold 7,464 Voting Common Stock at $36.66 (~$274K)
  • · Chief Discovery Officer Kreitzer Anatol sold 1,592 Voting Common Stock at $37.44 (~$59.6K)
  • · Chief Discovery Officer Kreitzer Anatol sold 2,833 Voting Common Stock at $37.05 (~$105K)
  • · Chief Discovery Officer Kreitzer Anatol sold 14,140 Voting Common Stock at $37.70 (~$533K)
  • · Chief Discovery Officer Kreitzer Anatol sold 200 Voting Common Stock at $38.39 (~$7.68K)
H World Group Ltd 4 neutral materiality 5/10

20-07-2026

Director Hee Theng Fong exercised/converted 31,640 Ordinary Shares. Hee Theng Fong holds 31,640 shares after the transaction.

  • · Director Hee Theng Fong exercised/converted 31,640 Ordinary Shares
  • · Director Hee Theng Fong exercised/converted 31,640 Restricted Share Units
17 Education & Technology Group Inc. 4 positive materiality 6/10

20-07-2026

Chief Executive Officer Liu Chang bought 7,633 American depositary shares at $2.08 (~$15.9K). 5 transactions reported in total. Liu Chang holds 34,927 shares after the transaction.

  • · Chief Executive Officer Liu Chang acquired 874 American depositary shares at $2.33 (~$2.03K)
  • · Chief Executive Officer Liu Chang acquired 499 American depositary shares at $2.48 (~$1.24K)
  • · Chief Executive Officer Liu Chang acquired 2,703 American depositary shares at $2.13 (~$5.75K)
  • · Chief Executive Officer Liu Chang acquired 308 American depositary shares at $2.17 (~$667)
  • · Chief Executive Officer Liu Chang bought 7,633 American depositary shares at $2.08 (~$15.9K)
BJs RESTAURANTS INC 4 neutral materiality 4/10

20-07-2026

CEO & President Tick Lyle had withheld for taxes 542 Common Stock at $43.04 (~$23.3K). Tick Lyle holds 32,330 shares after the transaction.

  • · CEO & President Tick Lyle had withheld for taxes 542 Common Stock at $43.04 (~$23.3K)
SOLAI Ltd 4 positive materiality 5/10

20-07-2026

Director Law Man San bought 54,275 American Depositary Shares at $3.57 (~$194K). Law Man San holds 132,242 shares after the transaction.

  • · Director Law Man San bought 54,275 American Depositary Shares at $3.57 (~$194K)
LCI INDUSTRIES 4 neutral materiality 5/10

20-07-2026

Director Hureau Robert Paul was awarded 1,133 Restricted Stock Unit.

  • · Director Hureau Robert Paul was awarded 1,133 Restricted Stock Unit
MERCURY SYSTEMS INC 4 neutral materiality 3/10

20-07-2026

Director Nearhos Barry R was awarded 170 Common Stock. Nearhos Barry R holds 31,494 shares after the transaction.

  • · Director Nearhos Barry R was awarded 170 Common Stock
TOYOTA MOTOR CORP/ 4 negative materiality 5/10

20-07-2026

Vice Chairman Sato Koji sold 88,600 Common Stock at $17.83 (~$1.58M). Sato Koji holds 567,600 shares after the transaction.

  • · Vice Chairman Sato Koji sold 88,600 Common Stock at $17.83 (~$1.58M)
Jones Ventures INTL Acquisition1 Corp 4 neutral materiality 6/10

20-07-2026

Chief Executive Officer Hill Alan Finbar acquired 100,000 Class B Ordinary Shares at $0.00 (~$300).

  • · Chief Executive Officer Hill Alan Finbar acquired 100,000 Class B Ordinary Shares at $0.00 (~$300)
Doximity, Inc. 4 negative materiality 4/10

20-07-2026

Chief Accounting Officer Sitaram Siddharth sold 1,732 Class A Common Stock at $22.02 (~$38.1K). 5 transactions reported in total. Sitaram Siddharth holds 93,774 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chief Accounting Officer Sitaram Siddharth exercised/converted 4,800 Class A Common Stock
  • · Chief Accounting Officer Sitaram Siddharth sold 1,732 Class A Common Stock at $22.02 (~$38.1K)
  • · Chief Accounting Officer Sitaram Siddharth exercised/converted 4,800 Stock Option (Right to Buy)
  • · Chief Accounting Officer Sitaram Siddharth exercised/converted 4,800 Class B Common Stock
  • · Chief Accounting Officer Sitaram Siddharth exercised/converted 4,800 Class B Common Stock
SUI Group Holdings Ltd. 4 neutral materiality 5/10

20-07-2026

Director Campbell Kristina Stanier was awarded 83,026 Warrant for Common Stock. 4 transactions reported in total.

  • · Director Campbell Kristina Stanier was awarded 83,026 Warrant for Common Stock
  • · Director Campbell Kristina Stanier was awarded 41,513 Warrant for Common Stock
  • · Director Campbell Kristina Stanier was awarded 41,513 Warrant for Common Stock
  • · Director Campbell Kristina Stanier was awarded 41,513 Warrant for Common Stock
Texas Pacific Land Corp 4 positive materiality 2/10

20-07-2026

10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 1 Common Stock at $420.15 (~$420). HORIZON KINETICS ASSET MANAGEMENT LLC holds 3,263,678 shares after the transaction.

  • · 10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 1 Common Stock at $420.15 (~$420)
CULP INC 4 neutral materiality 5/10

20-07-2026

Chief Commercial Officer Bruno Thomas had withheld for taxes 5,088 Common Stock at $3.70 (~$18.8K). Bruno Thomas holds 102,819 shares after the transaction.

  • · Chief Commercial Officer Bruno Thomas exercised/converted 17,907 Common Stock
  • · Chief Commercial Officer Bruno Thomas had withheld for taxes 5,088 Common Stock at $3.70 (~$18.8K)
  • · Chief Commercial Officer Bruno Thomas exercised/converted 17,907 Restricted Stock Units
CLEAN HARBORS INC 4 neutral materiality 3/10

20-07-2026

EXEC CHAIR, CTO. MCKIM ALAN S had withheld for taxes 1,265 Common Stock at $310.58 (~$393K). MCKIM ALAN S holds 30,154 shares after the transaction.

  • · EXEC CHAIR, CTO. MCKIM ALAN S had withheld for taxes 1,265 Common Stock at $310.58 (~$393K)
RENN Fund, Inc. 4 positive materiality 2/10

20-07-2026

10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 756 Common Stock at $3.02 (~$2.28K). HORIZON KINETICS ASSET MANAGEMENT LLC holds 937,200 shares after the transaction.

  • · 10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 756 Common Stock at $3.02 (~$2.28K)
CULP INC 4 neutral materiality 4/10

20-07-2026

SVP & CHRO Huffman Teresa Atkins had withheld for taxes 2,952 Common Stock at $3.70 (~$10.9K). Huffman Teresa Atkins holds 16,043 shares after the transaction.

  • · SVP & CHRO Huffman Teresa Atkins exercised/converted 8,749 Common Stock
  • · SVP & CHRO Huffman Teresa Atkins had withheld for taxes 2,952 Common Stock at $3.70 (~$10.9K)
  • · SVP & CHRO Huffman Teresa Atkins exercised/converted 8,749 Restricted Stock Units
ESCO TECHNOLOGIES INC 4 neutral materiality 3/10

20-07-2026

Director Hess Janice L. was awarded 0.2478 Restricted Share Units at $318.52 (~$78.9).

  • · Director Hess Janice L. was awarded 0.2478 Restricted Share Units at $318.52 (~$78.9)
ESCO TECHNOLOGIES INC 4 neutral materiality 3/10

20-07-2026

Director Dewar Patrick M was awarded 5.9606 Restricted Share Units at $318.52 (~$1.9K).

  • · Director Dewar Patrick M was awarded 5.9606 Restricted Share Units at $318.52 (~$1.9K)
abrdn Healthcare Investors 4 positive materiality 6/10

20-07-2026

Director Mahai Chris LaVictoire bought 501 Common Stock at $20.96 (~$10.5K). Mahai Chris LaVictoire holds 501 shares after the transaction.

  • · Director Mahai Chris LaVictoire bought 501 Common Stock at $20.96 (~$10.5K)
ESCO TECHNOLOGIES INC 4 neutral materiality 3/10

20-07-2026

Director Campbell David A was awarded 0.9117 Restricted Share Units at $318.52 (~$290).

  • · Director Campbell David A was awarded 0.9117 Restricted Share Units at $318.52 (~$290)
abrdn Life Sciences Investors 4 positive materiality 5/10

20-07-2026

Director Mahai Chris LaVictoire bought 527 Common Stock at $19.92 (~$10.5K). Mahai Chris LaVictoire holds 527 shares after the transaction.

  • · Director Mahai Chris LaVictoire bought 527 Common Stock at $19.92 (~$10.5K)
ESCO TECHNOLOGIES INC 4 neutral materiality 3/10

20-07-2026

Director PHILLIPPY ROBERT J was awarded 4.9827 Restricted Share Units at $318.52 (~$1.59K).

  • · Director PHILLIPPY ROBERT J was awarded 4.9827 Restricted Share Units at $318.52 (~$1.59K)
abrdn Healthcare Opportunities Fund 4 positive materiality 6/10

20-07-2026

Director Mahai Chris LaVictoire bought 568 Common Stock at $18.49 (~$10.5K). Mahai Chris LaVictoire holds 568 shares after the transaction.

  • · Director Mahai Chris LaVictoire bought 568 Common Stock at $18.49 (~$10.5K)
ESCO TECHNOLOGIES INC 4 neutral materiality 3/10

20-07-2026

Director Conner Penelope M was awarded 0.194 Restricted Share Units at $318.52 (~$61.8).

  • · Director Conner Penelope M was awarded 0.194 Restricted Share Units at $318.52 (~$61.8)
abrdn World Healthcare Fund 4 positive materiality 6/10

20-07-2026

Director Mahai Chris LaVictoire bought 796 Common Stock at $13.20 (~$10.5K). Mahai Chris LaVictoire holds 796 shares after the transaction.

  • · Director Mahai Chris LaVictoire bought 796 Common Stock at $13.20 (~$10.5K)
MultiSensor AI Holdings, Inc. 4 neutral materiality 5/10

20-07-2026

Chief Financial Officer Nadolny Robert was awarded 17,935 Common Stock. Nadolny Robert holds 23,491 shares after the transaction.

  • · Chief Financial Officer Nadolny Robert was awarded 17,935 Common Stock
INCYTE CORP 4 neutral materiality 5/10

20-07-2026

President, Global Head of R&D CAGNONI PABLO J was awarded 13,403 Common Stock. CAGNONI PABLO J holds 231,332 shares after the transaction.

  • · President, Global Head of R&D CAGNONI PABLO J was awarded 13,403 Common Stock
  • · President, Global Head of R&D CAGNONI PABLO J was awarded 33,508 Performance Shares
  • · President, Global Head of R&D CAGNONI PABLO J was awarded 57,861 Employee Stock Option (right to buy)
INCYTE CORP 4 negative materiality 5/10

20-07-2026

EVP, Head of U.S. Commercial Issa Mohamed Khairie sold 1,093 Common Stock at $115.01 (~$126K). 4 transactions reported in total. Issa Mohamed Khairie holds 71,797 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · EVP, Head of U.S. Commercial Issa Mohamed Khairie sold 1,093 Common Stock at $115.01 (~$126K)
  • · EVP, Head of U.S. Commercial Issa Mohamed Khairie was awarded 7,857 Common Stock
  • · EVP, Head of U.S. Commercial Issa Mohamed Khairie was awarded 19,643 Performance Shares
  • · EVP, Head of U.S. Commercial Issa Mohamed Khairie was awarded 33,918 Employee Stock Option (right to buy)
INCYTE CORP 4 neutral materiality 5/10

20-07-2026

EVP, Chief Strategy Officer Gardner David H was awarded 7,395 Common Stock. Gardner David H holds 16,824 shares after the transaction.

  • · EVP, Chief Strategy Officer Gardner David H was awarded 7,395 Common Stock
  • · EVP, Chief Strategy Officer Gardner David H was awarded 18,487 Performance Shares
  • · EVP, Chief Strategy Officer Gardner David H was awarded 31,923 Employee Stock Option (right to buy)
INCYTE CORP 4 neutral materiality 4/10

20-07-2026

EVP & General Counsel Hoffman Richard A. was awarded 7,395 Common Stock. Hoffman Richard A. holds 16,861 shares after the transaction.

  • · EVP & General Counsel Hoffman Richard A. was awarded 7,395 Common Stock
  • · EVP & General Counsel Hoffman Richard A. was awarded 18,487 Performance Shares
  • · EVP & General Counsel Hoffman Richard A. was awarded 31,923 Employee Stock Option (right to buy)
INCYTE CORP 4 neutral materiality 6/10

20-07-2026

Chief Executive Officer Meury William was awarded 26,807 Common Stock. Meury William holds 183,129 shares after the transaction.

  • · Chief Executive Officer Meury William was awarded 26,807 Common Stock
  • · Chief Executive Officer Meury William was awarded 80,421 Performance Shares
  • · Chief Executive Officer Meury William was awarded 77,148 Employee Stock Option (right to buy)
INCYTE CORP 4 neutral materiality 4/10

20-07-2026

EVP, Human Resources Basi Ramitpal K was awarded 4,991 Common Stock. Basi Ramitpal K holds 11,497 shares after the transaction.

  • · EVP, Human Resources Basi Ramitpal K was awarded 4,991 Common Stock
  • · EVP, Human Resources Basi Ramitpal K was awarded 12,479 Performance Shares
  • · EVP, Human Resources Basi Ramitpal K was awarded 21,548 Employee Stock Option (right to buy)
Freightos Ltd 4 negative materiality 5/10

20-07-2026

Chief Technology Officer Alventosa Abril Enric sold 1,353 Ordinary Shares at $1.28 (~$1.73K). Alventosa Abril Enric holds 16,774 shares after the transaction.

  • · Chief Technology Officer Alventosa Abril Enric sold 1,175 Ordinary Shares at $1.28 (~$1.5K)
  • · Chief Technology Officer Alventosa Abril Enric sold 1,353 Ordinary Shares at $1.28 (~$1.73K)
Freightos Ltd 4 negative materiality 3/10

20-07-2026

VP, Human Resources Indave Sesma Andrea sold 3,795 Ordinary Shares at $1.29 (~$4.9K). Indave Sesma Andrea holds 24,205 shares after the transaction.

  • · VP, Human Resources Indave Sesma Andrea sold 199 Ordinary Shares at $1.27 (~$253)
  • · VP, Human Resources Indave Sesma Andrea sold 672 Ordinary Shares at $1.28 (~$860)
  • · VP, Human Resources Indave Sesma Andrea sold 3,795 Ordinary Shares at $1.29 (~$4.9K)
CINTAS CORP 4 negative materiality 6/10

20-07-2026

Director Barstad Melanie W. sold 9,142 Common Stock at $202.94 (~$1.86M). 4 transactions reported in total. Barstad Melanie W. holds 26,592 shares after the transaction.

  • · Director Barstad Melanie W. exercised/converted 10,548 Common Stock at $27.10 (~$286K)
  • · Director Barstad Melanie W. had withheld for taxes 1,406 Common Stock at $203.44 (~$286K)
  • · Director Barstad Melanie W. sold 9,142 Common Stock at $202.94 (~$1.86M)
  • · Director Barstad Melanie W. exercised/converted 10,548 Stock Option (right to buy)
LGL GROUP INC 4 neutral materiality 5/10

20-07-2026

10% owner GABELLI MARIO J exercised/converted 621,928 Common Stock at $6.90 (~$4.29M). 4 transactions reported in total. GABELLI MARIO J holds 1,144,648 shares after the transaction.

  • · 10% owner GABELLI MARIO J exercised/converted 621,928 Common Stock at $6.90 (~$4.29M)
  • · 10% owner GABELLI MARIO J exercised/converted 572,324 Common Stock at $6.90 (~$3.95M)
  • · 10% owner GABELLI MARIO J exercised/converted 621,928 Subscription Rights (right to purchase)
  • · 10% owner GABELLI MARIO J exercised/converted 572,324 Subscription Rights (right to purchase)
INTENSITY THERAPEUTICS, INC. 4 neutral materiality 5/10

20-07-2026

Director DUBIN THOMAS I H was awarded 5,500 Stock Option (right to buy Common Stock).

  • · Director DUBIN THOMAS I H was awarded 5,500 Stock Option (right to buy Common Stock)
MultiSensor AI Holdings, Inc. 4 neutral materiality 5/10

20-07-2026

Chief Executive Officer Akram Asim was awarded 20,841 Common Stock. Akram Asim holds 25,201 shares after the transaction.

  • · Chief Executive Officer Akram Asim was awarded 20,841 Common Stock
ExlService Holdings, Inc. 4 neutral materiality 5/10

20-07-2026

Director Mehta Kamini H was awarded 7,705 Restricted Stock Units.

  • · Director Mehta Kamini H was awarded 7,705 Restricted Stock Units

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