Indie Semiconductor president Aoki sells $20,272 in stock

Published 04/09/2025, 01:06
Indie Semiconductor president Aoki sells $20,272 in stock

indie Semiconductor (NASDAQ:INDI) President Ichiro Aoki sold 4,770 shares of Class A Common Stock on September 2, 2025, at a price of $4.25, totaling $20,272. The transaction is related to covering withholding taxes associated with the vesting of restricted stock units. The sale occurred as INDI shares have shown strong momentum, gaining 64.5% over the past six months. According to InvestingPro analysis, the stock is currently trading near its Fair Value.

On August 31, 2025, Aoki also acquired 12,500 shares of Class A Common Stock at $0 price, after exercising Restricted Stock Units.

Following these transactions, Aoki directly owns 67,195 shares of Class A Common Stock and 4,939,362 shares of Class V Common Stock.

In other recent news, Indie Semiconductor reported its second-quarter 2025 earnings, surpassing revenue expectations with $51.63 million compared to the forecast of $51.4 million. Despite this revenue beat, the company experienced a larger-than-expected loss per share of $0.20, against the anticipated $0.08. In a separate development, Indie Semiconductor announced an update to its at-the-market equity offering program. The company registered unsold shares under a new shelf registration statement, with approximately $59.8 million of its Class A common stock remaining unsold from the original $150 million offering. This update was filed to ensure the continuation of offering the remaining unsold shares. These recent developments indicate Indie Semiconductor’s ongoing efforts to manage its equity offerings and financial performance.

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