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USA Insider Trading Pulse — August 11, 2026

USA Insider Trading Pulse

By Gunpowder Editorial ·

47 high priority 3 medium priority 50 total filings analysed

Executive Summary

The August 11, 2026 insider trading pulse reveals a pronounced bearish tilt among high-conviction corporate insiders, with several C-suite executives and directors executing significant sales. The most notable transactions include the CEO of Popular Inc. selling $6.14M in stock, the CEO of Crocs unloading $1.33M, and the Chairman/CEO of ResMed selling $1.03M under a 10b5-1 plan.

A concerning cluster of sales is emerging in the Chinese ADR/education technology sector, where a director of New Oriental Education sold $3.24M and the CEO of 17 Education made a small, symbolic buy. On the bullish side, insider buying is sparse but notable, with the CEO of Nano-X Imaging making a small open-market purchase and a director of NVR making a $405K investment at a high per-share price, signaling confidence. A recurring pattern of low-materiality, neutral filings from MFS closed-end funds and a few non-retrievable filings (W&T Offshore, Capstone Holding) dilute the overall signal density but do not alter the primary bearish sentiment. The aggregate data suggests that while the market may be near highs, corporate insiders are taking profits, particularly in financials, consumer discretionary, and select tech names.

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 USA Insider Trading Pulse digest from August 10, 2026.

Investment Signals (10)

  • President & CEO Javier D. Ferrer sold 35,000 shares for $6.14M, the largest single insider sale by value in this batch. This represents a significant portion of his holdings, signaling potential bearish conviction on the bank's near-term outlook.

  • Director Zhou Chenggang sold 56,948 ADS for $3.24M. This is a high-materiality sale from a director in a Chinese ADR, potentially signaling concerns about regulatory headwinds or sector-specific slowdown.

  • CEO Andrew Rees sold 9,576 shares for $1.33M across multiple transactions. The CEO's consistent selling pattern at ~$138/share suggests a lack of confidence in the stock's current valuation or future growth trajectory.

  • Chairman and CEO Michael J. Farrell sold 4,991 shares for $1.03M under a 10b5-1 plan. While pre-planned, the exercise-and-sell pattern at a high price ($205.69) indicates profit-taking at what may be considered a peak.

  • Director Nishan J. Vartanian sold 20,000 shares for $3.88M. This is a substantial sale by a director, reducing his stake significantly and signaling a bearish view on the safety equipment company's prospects.

  • NVR INC (BULLISH)

    Director George Oliver bought 63 shares for $405K at $6,431.51 per share. This is a high-conviction, high-value open-market purchase by a director, signaling strong bullish sentiment on the homebuilder's future.

  • CEO Erez Meltzer bought 9,443 shares for $9.73K in an open-market purchase. While small in absolute value, this insider buying at a low stock price ($1.03) is a classic signal of management confidence in a turnaround or undervaluation.

  • CEO Liu Chang bought 3,295 ADS for $8.04K. This is a symbolic insider buy in a beaten-down Chinese EdTech stock, potentially signaling a belief that the worst is over.

  • Sea Ltd (BEARISH)

    COO Ye Gang sold 12,397 shares for $1.42M, while CCO Wang Yanjun sold 961 shares for $110K. Multiple C-suite insiders selling simultaneously under 10b5-1 plans creates a strong negative signal for the company's near-term outlook.

  • Ray Sanket sold 9,958 shares for $861K. While not a top executive, the size of the sale is notable for a stable, defensive stock, suggesting potential rotation or profit-taking by a key insider.

Risk Flags (8)

  • President & CEO Javier D. Ferrer sold $6.14M in stock, reducing his holdings by ~27%. This is a high-risk flag for a financial institution, potentially signaling concerns about credit quality, net interest margin compression, or a peak in the cycle.

  • Director Zhou Chenggang sold $3.24M in a single day. This is a massive sale for a director, creating a high risk of further downside as the market digests the negative signal.

  • CEO Andrew Rees sold $1.33M in stock at ~$138. The stock may be near a valuation ceiling, and the CEO's selling pattern suggests limited upside from current levels.

  • COO Ye Gang ($1.42M) and CCO Wang Yanjun ($110K) sold shares concurrently. The coordinated selling by two top executives, even under 10b5-1 plans, is a risk flag for the company's growth narrative.

  • RESMED INC/Chairman Sale [MODERATE RISK]

    Chairman and CEO Michael J. Farrell sold $1.03M. While under a 10b5-1 plan, the sale of shares acquired via option exercise at a lower price ($146.34) and sold at a higher price ($205.69) suggests the insider believes the stock is fully valued.

  • Director Nishan J. Vartanian sold 20,000 shares for $3.88M, a significant portion of his holdings. This is a strong bearish signal from a board member, potentially indicating concerns about the company's strategic direction or financial performance.

  • CFO Baruch Niran ($18.7K) and EVP Aldema Lior ($28.1K) both sold shares under 10b5-1 plans. While small in value, the simultaneous selling by two key financial officers is a minor risk flag.

  • Director Mark D. Kingdon sold 831 shares at $61.65. The sale is small, but it comes at a time when the company may be facing headwinds from consumer spending shifts.

Opportunities (7)

  • Director George Oliver bought $405K worth of stock at $6,431.51 per share. This is a high-conviction insider buy in a homebuilder, suggesting the director sees significant value. NVR's strong balance sheet and high share price make this a signal of confidence in the housing market.

  • CEO Erez Meltzer bought 9,443 shares at $1.03. This insider buying at a distressed price point is a classic turnaround signal. If the company's AI-driven medical imaging technology gains traction, this could be a multi-bagger.

  • CEO Liu Chang bought 3,295 ADS at $2.44. This is a small but symbolic insider buy in a deeply depressed Chinese EdTech stock. It may signal that the CEO believes the company has bottomed and is undervalued.

  • Horizon Kinetics Asset Management bought 1 share at $345.10. While a token purchase, the 10% owner's willingness to buy at this price, even in a small amount, signals a long-term bullish view on the land and royalty company.

  • Horizon Kinetics Asset Management bought 756 shares at $2.96. This is a continuation of a pattern of insider buying by the fund's largest shareholder, signaling confidence in the fund's investment strategy and discount to NAV.

  • VP & Controller Suraj Kunchala exercised 13,483 options at $3.24 and sold 8,693 shares at $7.29. The exercise and partial sale is a neutral-to-positive signal, as the insider is locking in profits but retaining a significant stake (73,743 shares).

  • Three directors were awarded a total of 80,000 shares. This is a strong alignment-of-interest signal, as the board is being compensated in equity, tying their incentives to long-term shareholder value creation.

Sector Themes (5)

  • Financial Sector Insider Profit-Taking

    The largest insider sale by value in this batch comes from Popular Inc. (bank), with the CEO selling $6.14M. This suggests that insiders in the regional banking sector may be taking profits after a strong run, potentially anticipating a peak in net interest income or a rise in credit losses. [IMPLICATION: Cautious on regional banks]

  • Chinese ADR/EdTech Insider Divergence

    A director of New Oriental Education sold $3.24M (bearish), while the CEO of 17 Education bought $8K (bullish). This divergence highlights the bifurcated nature of the Chinese EdTech sector, where larger players may face ongoing regulatory risk while smaller, beaten-down names are seen as value plays by management. [IMPLICATION: Selective opportunity in small-cap EdTech]

  • Consumer Discretionary Insider Selling

    Crocs (CEO sold $1.33M) and WEYCO Group (President sold $47K) show a pattern of insider selling in consumer discretionary names. This suggests that insiders are cautious about consumer spending trends and may be taking profits ahead of a potential slowdown. [IMPLICATION: Avoid overvalued consumer stocks]

  • Tech/Healthcare Insider Profit-Taking

    ResMed (Chairman sold $1.03M), MSA Safety (Director sold $3.88M), and Viavi Solutions (EVP sold $59.6K) all show insider selling in the tech/healthcare space. This suggests that insiders in these sectors are taking advantage of elevated valuations to lock in gains. [IMPLICATION: Be selective in tech/healthcare]

  • MFS Closed-End Fund Director Disclosures

    Director Laurie J. Thomsen reported beneficial ownership in 10 different MFS closed-end funds, with no securities beneficially owned. These are low-materiality, administrative filings that create noise but offer no actionable trading signal. [IMPLICATION: Ignore these filings]

Watch List (8)

  • POPULAR, INC. (HIGH PRIORITY)
    👁

    Watch for any additional insider sales or changes in forward guidance. The CEO's $6.14M sale is a major red flag. Next earnings call will be critical for assessing credit quality and NIM trends.

  • Monitor for further director selling or any regulatory announcements from China. The $3.24M sale by a director is a strong negative signal.

  • Crocs, Inc. (MODERATE PRIORITY)
    👁

    Watch for any insider buying to counter the CEO's selling. If the CEO continues to sell, it will confirm the bearish outlook. The company's next earnings report will be key.

  • Sea Ltd (MODERATE PRIORITY)
    👁

    Monitor for any additional insider sales by the COO or CCO. The $1.42M sale by the COO is a significant signal. The company's next earnings call will be crucial for the growth narrative.

  • NVR INC (MODERATE PRIORITY)
    👁

    Watch for any additional insider buying by Director Oliver George. His $405K purchase is a strong bullish signal. Monitor housing market data for confirmation.

  • Nano-X Imaging Ltd. (LOW PRIORITY)
    👁

    Monitor for any news on regulatory approvals or commercial partnerships. The CEO's insider buy at $1.03 is a potential turnaround signal.

  • Watch for any additional insider buying by the CEO. The small purchase is a potential bottom signal for a distressed stock.

  • W&T OFFSHORE INC (LOW PRIORITY)
    👁

    Although the filings could not be parsed, the company is in the energy sector. Monitor for any future insider transactions that could provide a clearer signal.

Filing Analyses (50)
W&T OFFSHORE INC 4 neutral materiality 1/10

11-08-2026

Form 4 ownership filing; the structured EDGAR document could not be retrieved for automated parsing.

W&T OFFSHORE INC 4 neutral materiality 1/10

11-08-2026

Form 4 ownership filing; the structured EDGAR document could not be retrieved for automated parsing.

W&T OFFSHORE INC 4 neutral materiality 1/10

11-08-2026

Form 4 ownership filing; the structured EDGAR document could not be retrieved for automated parsing.

Capstone Holding Corp. 4 neutral materiality 1/10

11-08-2026

Form 4 ownership filing; the structured EDGAR document could not be retrieved for automated parsing.

Capstone Holding Corp. 4 neutral materiality 1/10

11-08-2026

Form 4 ownership filing; the structured EDGAR document could not be retrieved for automated parsing.

Capstone Holding Corp. 4 neutral materiality 1/10

11-08-2026

Form 4 ownership filing; the structured EDGAR document could not be retrieved for automated parsing.

RESMED INC 4 negative materiality 6/10

11-08-2026

Chairman and CEO Farrell Michael J. sold 4,991 ResMed Common Stock at $205.69 (~$1.03M). Farrell Michael J. holds 466,256 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chairman and CEO Farrell Michael J. exercised/converted 4,991 ResMed Common Stock at $146.34 (~$730K)
  • · Chairman and CEO Farrell Michael J. sold 4,991 ResMed Common Stock at $205.69 (~$1.03M)
  • · Chairman and CEO Farrell Michael J. exercised/converted 4,991 ResMed Common Stock Options
New Oriental Education & Technology Group Inc. 4 negative materiality 7/10

11-08-2026

Director Zhou Chenggang sold 56,948 ADS at $56.83 (~$3.24M). Zhou Chenggang holds 429,998 shares after the transaction.

  • · Director Zhou Chenggang sold 13,052 ADS at $56.32 (~$735K)
  • · Director Zhou Chenggang sold 56,948 ADS at $56.83 (~$3.24M)
AUDIOCODES LTD 4 negative materiality 3/10

11-08-2026

Chief Financial Officer Baruch Niran sold 1,875 Ordinary Shares at $9.99 (~$18.7K). Baruch Niran holds 99,375 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · Chief Financial Officer Baruch Niran sold 1,875 Ordinary Shares at $9.99 (~$18.7K)
Baidu, Inc. 4 neutral materiality 5/10

11-08-2026

See Remarks Li Yanhong Robin exercised/converted 510,808 Class A ordinary shares. 4 transactions reported in total. Li Yanhong Robin holds 9,994,520 shares after the transaction.

  • · See Remarks Li Yanhong Robin exercised/converted 510,808 Class A ordinary shares
  • · See Remarks Li Yanhong Robin exercised/converted 342,096 Class A ordinary shares
  • · See Remarks Li Yanhong Robin exercised/converted 510,808 Restricted Shares
  • · See Remarks Li Yanhong Robin exercised/converted 342,096 Restricted Shares
PAR PACIFIC HOLDINGS, INC. 4 negative materiality 4/10

11-08-2026

See Remarks Mattiussi Danielle sold 3,278 Common stock at $67.29 (~$221K). Mattiussi Danielle holds 27,878 shares after the transaction.

  • · See Remarks Mattiussi Danielle sold 3,278 Common stock at $67.29 (~$221K)
Latigo Biotherapeutics, Inc. 4 neutral materiality 4/10

11-08-2026

10% owner Westlake BioPartners Fund I, L.P. exercised/converted 938,979 Common Stock. 14 transactions reported in total. Westlake BioPartners Fund I, L.P. holds 2,094,813 shares after the transaction.

  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 938,979 Common Stock
  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 3,547,842 Common Stock
  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 1,027,635 Common Stock
  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 3,464,072 Common Stock
  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 1,484,401 Common Stock
  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 165,519 Common Stock
  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 2,066,857 Common Stock
  • · 10% owner Westlake BioPartners Fund I, L.P. exercised/converted 938,979 Series Seed Convertible Preferred Stock
17 Education & Technology Group Inc. 4 positive materiality 6/10

11-08-2026

Chief Executive Officer Liu Chang bought 3,295 American depositary shares at $2.44 (~$8.04K). Liu Chang holds 66,902 shares after the transaction.

  • · Chief Executive Officer Liu Chang acquired 3,684 American depositary shares at $2.17 (~$7.99K)
  • · Chief Executive Officer Liu Chang bought 3,295 American depositary shares at $2.44 (~$8.04K)
AUDIOCODES LTD 4 negative materiality 2/10

11-08-2026

EVP and Chief Business Officer Aldema Lior sold 2,812 Ordinary Shares at $9.98 (~$28.1K). Aldema Lior holds 104,065 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · EVP and Chief Business Officer Aldema Lior sold 2,812 Ordinary Shares at $9.98 (~$28.1K)
Sea Ltd 4 negative materiality 6/10

11-08-2026

COO Ye Gang sold 12,397 Class A ordinary shares at $114.81 (~$1.42M). 6 transactions reported in total. Ye Gang holds 460,000 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · COO Ye Gang sold 7,323 Class A ordinary shares at $112.74 (~$826K)
  • · COO Ye Gang sold 11,155 Class A ordinary shares at $113.31 (~$1.26M)
  • · COO Ye Gang sold 1,522 Class A ordinary shares at $114.22 (~$174K)
  • · COO Ye Gang sold 7,285 Class A ordinary shares at $114.17 (~$832K)
  • · COO Ye Gang sold 12,397 Class A ordinary shares at $114.81 (~$1.42M)
  • · COO Ye Gang sold 318 Class A ordinary shares at $115.62 (~$36.8K)
Sea Ltd 4 negative materiality 4/10

11-08-2026

CCO and GC Wang Yanjun sold 961 Class A ordinary shares at $114.79 (~$110K). 6 transactions reported in total. Wang Yanjun holds 10,000 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · CCO and GC Wang Yanjun sold 749 Class A ordinary shares at $112.59 (~$84.3K)
  • · CCO and GC Wang Yanjun sold 670 Class A ordinary shares at $113.31 (~$75.9K)
  • · CCO and GC Wang Yanjun sold 81 Class A ordinary shares at $114.25 (~$9.25K)
  • · CCO and GC Wang Yanjun sold 508 Class A ordinary shares at $114.12 (~$58K)
  • · CCO and GC Wang Yanjun sold 961 Class A ordinary shares at $114.79 (~$110K)
  • · CCO and GC Wang Yanjun sold 31 Class A ordinary shares at $115.59 (~$3.58K)
LITTELFUSE INC /DE 4 neutral materiality 6/10

11-08-2026

Director Kelsey Todd P. was awarded 294 Common Stock. Kelsey Todd P. holds 294 shares after the transaction.

  • · Director Kelsey Todd P. was awarded 294 Common Stock
MFS MUNICIPAL INCOME TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in ABERDEEN MUNICIPAL INCOME FUND. No securities are beneficially owned.

VIAVI SOLUTIONS INC. 4 negative materiality 4/10

11-08-2026

EVP, Chief Mktg & Stgy Officer McNab Paul sold 1,595 Common Stock at $37.37 (~$59.6K). McNab Paul holds 13,876 shares after the transaction.

  • · EVP, Chief Mktg & Stgy Officer McNab Paul sold 1,595 Common Stock at $37.37 (~$59.6K)
Latham Group, Inc. 4 neutral materiality 5/10

11-08-2026

VICE PRESIDENT & CONTROLLER Kunchala Suraj disposed to the issuer 8,693 Common stock, par value $0.0001 per share at $7.29 (~$63.4K). Kunchala Suraj holds 73,743 shares after the transaction.

  • · VICE PRESIDENT & CONTROLLER Kunchala Suraj exercised/converted 13,483 Common stock, par value $0.0001 per share at $3.24 (~$43.7K)
  • · VICE PRESIDENT & CONTROLLER Kunchala Suraj disposed to the issuer 8,693 Common stock, par value $0.0001 per share at $7.29 (~$63.4K)
  • · VICE PRESIDENT & CONTROLLER Kunchala Suraj exercised/converted 13,483 Stock Appreciation Right at $3.24 (~$43.7K)
HWH International Inc. 4 neutral materiality 5/10

11-08-2026

Director Wong Shui Yeung was awarded 20,000 Common Stock. Wong Shui Yeung holds 20,000 shares after the transaction.

  • · Director Wong Shui Yeung was awarded 20,000 Common Stock
HWH International Inc. 4 neutral materiality 5/10

11-08-2026

Director Wong Tat Keung was awarded 20,000 Common Stock. Wong Tat Keung holds 20,000 shares after the transaction.

  • · Director Wong Tat Keung was awarded 20,000 Common Stock
HWH International Inc. 4 neutral materiality 5/10

11-08-2026

Director Wu William Wai Leung was awarded 40,000 Common Stock. Wu William Wai Leung holds 40,000 shares after the transaction.

  • · Director Wu William Wai Leung was awarded 40,000 Common Stock
Nano-X Imaging Ltd. 4 positive materiality 6/10

11-08-2026

Chief Executive Officer Meltzer Erez bought 9,443 Ordinary Shares at $1.03 (~$9.73K). Meltzer Erez holds 45,443 shares after the transaction.

  • · Chief Executive Officer Meltzer Erez bought 9,443 Ordinary Shares at $1.03 (~$9.73K)
SCOTTS MIRACLE-GRO CO 4 negative materiality 3/10

11-08-2026

Director Kingdon Mark D sold 831 Common Shares at $61.65 (~$51.2K). Kingdon Mark D holds 10,827 shares after the transaction.

  • · Director Kingdon Mark D sold 831 Common Shares at $61.65 (~$51.2K)
WEYCO GROUP INC 4 negative materiality 4/10

11-08-2026

PRESIDENT-FLORSHEIM AUSTRALIA Walton Damian sold 1,100 Common Stock at $43.00 (~$47.3K). Walton Damian holds 6,580 shares after the transaction.

  • · PRESIDENT-FLORSHEIM AUSTRALIA Walton Damian sold 1,100 Common Stock at $43.00 (~$47.3K)
NVR INC 4 positive materiality 5/10

11-08-2026

Director Oliver George bought 63 NVR, Inc. common stock at $6,431.51 (~$405K). Oliver George holds 63 shares after the transaction.

  • · Director Oliver George bought 63 NVR, Inc. common stock at $6,431.51 (~$405K)
WEYCO GROUP INC 4 neutral materiality 4/10

11-08-2026

CHAIRMAN & CEO FLORSHEIM THOMAS W JR gifted 1,150 Common Stock. FLORSHEIM THOMAS W JR holds 808,714 shares after the transaction.

  • · CHAIRMAN & CEO FLORSHEIM THOMAS W JR gifted 1,150 Common Stock
Cartesian Growth Corp IV 4 neutral materiality 2/10

11-08-2026

10% owner CGC IV Sponsor LLC disposed of 312,500 Class B ordinary shares.

  • · 10% owner CGC IV Sponsor LLC disposed of 312,500 Class B ordinary shares
MSA Safety Inc 4 negative materiality 6/10

11-08-2026

Director Vartanian Nishan J. sold 20,000 Common Stock, no par value at $193.99 (~$3.88M). Vartanian Nishan J. holds 50,324 shares after the transaction.

  • · Director Vartanian Nishan J. sold 20,000 Common Stock, no par value at $193.99 (~$3.88M)
MFS INTERMEDIATE INCOME TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in ABERDEEN INTERMEDIATE INCOME FUND. No securities are beneficially owned.

Texas Pacific Land Corp 4 positive materiality 2/10

11-08-2026

10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 1 Common Stock at $345.10 (~$345). HORIZON KINETICS ASSET MANAGEMENT LLC holds 3,244,006 shares after the transaction.

  • · 10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 1 Common Stock at $345.10 (~$345)
Kearny Financial Corp. 4 neutral materiality 3/10

11-08-2026

EVP and CLO Joyce Patrick M had withheld for taxes 4,517 Common Stock at $9.52 (~$43K). Joyce Patrick M holds 55,410 shares after the transaction.

  • · EVP and CLO Joyce Patrick M was awarded 8,062 Common Stock
  • · EVP and CLO Joyce Patrick M had withheld for taxes 4,517 Common Stock at $9.52 (~$43K)
RENN Fund, Inc. 4 positive materiality 2/10

11-08-2026

10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 756 Common Stock at $2.96 (~$2.24K). HORIZON KINETICS ASSET MANAGEMENT LLC holds 949,296 shares after the transaction.

  • · 10% owner HORIZON KINETICS ASSET MANAGEMENT LLC bought 756 Common Stock at $2.96 (~$2.24K)
CTW Cayman 4 neutral materiality 5/10

11-08-2026

Chief Financial Officer Liu Zhixian was awarded 100,000 Stock Options.

  • · Chief Financial Officer Liu Zhixian was awarded 100,000 Stock Options
Crocs, Inc. 4 negative materiality 7/10

11-08-2026

Chief Executive Officer Rees Andrew sold 9,576 Common Stock at $138.38 (~$1.33M). 6 transactions reported in total. Rees Andrew holds 713,293 shares after the transaction.

  • · Chief Executive Officer Rees Andrew sold 5,796 Common Stock at $137.41 (~$796K)
  • · Chief Executive Officer Rees Andrew sold 4,204 Common Stock at $137.96 (~$580K)
  • · Chief Executive Officer Rees Andrew sold 928 Common Stock at $139.04 (~$129K)
  • · Chief Executive Officer Rees Andrew sold 9,576 Common Stock at $138.38 (~$1.33M)
  • · Chief Executive Officer Rees Andrew sold 8,696 Common Stock at $139.39 (~$1.21M)
  • · Chief Executive Officer Rees Andrew sold 800 Common Stock at $140.02 (~$112K)
MFS CHARTER INCOME TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS CHARTER INCOME TRUST. No securities are beneficially owned.

Global-E Online Ltd. 4 negative materiality 4/10

11-08-2026

CEO Schlachet Amir sold 322 Ordinary Shares at $42.07 (~$13.5K). Schlachet Amir holds 3,965,100 shares after the transaction. Trades executed under a Rule 10b5-1 plan.

  • · CEO Schlachet Amir sold 322 Ordinary Shares at $42.07 (~$13.5K)
MFS HIGH YIELD MUNICIPAL TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS HIGH YIELD MUNICIPAL TRUST. No securities are beneficially owned.

MFS CALIFORNIA MUNICIPAL FUND 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS CALIFORNIA MUNICIPAL FUND. No securities are beneficially owned.

MFS MULTIMARKET INCOME TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in ABERDEEN MULTI-MARKET INCOME FUND. No securities are beneficially owned.

MFS GOVERNMENT MARKETS INCOME TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in ABERDEEN GOVERNMENT MARKETS INCOME FUND. No securities are beneficially owned.

NORWOOD FINANCIAL CORP 4 neutral materiality 3/10

11-08-2026

Director Schmalzle Ronald R was awarded 40 Common Stock at $34.02 (~$1.36K). Schmalzle Ronald R holds 8,918 shares after the transaction.

  • · Director Schmalzle Ronald R was awarded 40 Common Stock at $34.02 (~$1.36K)
MFS INVESTMENT GRADE MUNICIPAL TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS INVESTMENT GRADE MUNICIPAL TRUST. No securities are beneficially owned.

MFS INTERMEDIATE HIGH INCOME FUND 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS INTERMEDIATE HIGH INCOME FUND. No securities are beneficially owned.

MFS HIGH INCOME MUNICIPAL TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS HIGH INCOME MUNICIPAL TRUST. No securities are beneficially owned.

MFS SPECIAL VALUE TRUST 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS SPECIAL VALUE TRUST. No securities are beneficially owned.

MFS INTERMARKET INCOME TRUST I 4 neutral materiality 2/10

11-08-2026

Director THOMSEN LAURIE J reported beneficial ownership in MFS INTERMARKET INCOME TRUST I. No securities are beneficially owned.

COCA COLA CO 4 negative materiality 4/10

11-08-2026

Ray Sanket sold 9,958 Common Stock, $.25 Par Value at $86.50 (~$861K). Ray Sanket holds 62,105 shares after the transaction.

  • · Ray Sanket sold 9,958 Common Stock, $.25 Par Value at $86.50 (~$861K)

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