CEO Or Offer Sells $6.3M in Shares After Exercising Options
SMWB has more than doubled off its 52-week low of $2.22.
Summary
Similarweb CEO Or Offer sold $6.26 million worth of shares after exercising options, exceeding his previously noticed sale intent by 32.7%.
Key Events · Ownership and Investor Activity · SMWB
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CEO Sells $6.26M in Open Market
Or Offer sold 709,597 shares for $6,255,276.30 at prices ranging from $8.66 to $9.005, representing 0.93% of the company's market cap.
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Option Exercise Precedes Sale
Offer exercised 563,492 options at strike prices of $0.40 and $3.04, acquiring shares worth $987,015.68, then immediately sold all exercised shares plus additional holdings.
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Sale Exceeds Prior Notice by 32.7%
The executed sale of 709,597 shares exceeds the 534,605 shares noticed in the Form 144 filed on 2026-08-14 by 174,992 shares, indicating a larger-than-expected liquidation.
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Post-Transaction Holdings
After the transactions, Offer directly holds 4,972,896 ordinary shares, down from 5,536,388 shares before the sales.
Analysis · SMWB · Technology
Similarweb CEO Or Offer exercised 563,492 options at strike prices between $0.40 and $3.04, then immediately sold all resulting shares plus additional holdings for $6.26 million at prices between $8.66 and $9.005. The sale represents 0.93% of the company's market cap and exceeds the previously noticed Form 144 amount by 32.7%, indicating a larger-than-expected liquidation. While option exercises are routine, the open market sale of this magnitude by the CEO is a notable insider transaction that could pressure the stock.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.7% of the 1075 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SMWB was trading at $9.05 on NYSE in the Technology sector, with a market capitalization of approximately $778.8M. The 52-week trading range was $2.22 to $10.75. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.