Insider activity at a glance
Oct 8, 2025 to Oct 7, 2026 · officers and directors only · from SEC Forms 3, 4 and 5
$869M
sold on the open market by 9 of 12 officers and directors
76%
of sale proceeds were under a disclosed 10b5-1 trading plan
11 of 12
insiders whose holdings fully reconcile with their reported transactions
- Two officers sold more than 25% of vested holdings: Ryan Taylor (35% of holdings, $16.6M, all under a disclosed plan) and Jeffrey Buckley (30% of holdings, $2.3M, all under a disclosed plan).
- Three officers sold shares but ended with larger stakes, because more shares came in than were sold: Alexander Karp (sold 1.79M, 3.1% of starting holdings; 3.90M added), Stephen Cohen (sold 995K, 7.7% of starting holdings; 2.02M added) and David Glazer (sold 61K, 14% of starting holdings; 102K added).
Largest sellers
| Insider | Shares sold | Proceeds | Under a disclosed plan | Still held |
|---|---|---|---|---|
| Peter Thiel Director | 2.00M | $290M | 100% | 98% |
| Alexander Karp See Remarks, Director | 1.79M | $272M | 76% | +3.7% |
| Stephen Cohen See Remarks, Director | 995K | $144M | 0% | +8% |
| Shyam Sankar See Remarks | 722K | $102M | 100% | holdings couldn't be fully reconciled |
| Alexander Moore Director | 192K | $30.5M | 100% | 85% |
"Still held" compares vested shares at the end and start of the period. Disclosed company stock is not an insider's whole wealth.