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Desk brief

AI Sep 18

The Sept. 18 tape was overwhelmingly corporate-insider selling: about $2.0B disclosed sold versus $302.4M bought, with 17 congressional and 1,498 corporate-insider filings.

Multiple insider-selling clusters — Cluster selling was detected in RVMD, where 7 insiders sold about $28.7M, and ADBE, where 4 insiders sold about $32.2M. BE also had 4 insiders selling about $3.1M, while GTLB and UBER each had 5 sellers. RVMD ADBE BE GTLB UBER
Shen Ching Hang added to CV — Shen Ching Hang bought about $5.0M of CV and was also flagged as a 10% owner adding. It was the session's clearest large insider-buy signal. CV Shen Ching Hang
GAM drew three insider buyers — GAM showed cluster buying: 3 insiders bought about $284.9K combined. Priest Jeffrey W bought about $93.8K, accounting for one of the detected executive-buy signals. GAM Priest Jeffrey W
Sell-heavy session — The session recorded 1,515 filings across 375 tickers, but only 174 were buys versus 1,341 sells. Corporate insiders dominated the tape, while congressional filings totaled 17.

The key filing watchpoints were the $5.0M CV purchase and the repeated selling clusters in RVMD, ADBE, BE, GTLB, and UBER. Over the past 14 days, Ra Capital Management, L.p. reported the largest purchase, about $200.0M of TYRA.

AI-generated from the filings on this page — not financial advice.

Filings · Sep 18
1011

Latest 1 day ago

Disclosed buying · 14d
$1.21B

1113 purchases across 1413 tickers

Disclosed selling · 14d
$7.3B

6187 sales and dispositions

Tape lean · 14d
Heavy selling

Largest buy: TYRA $199.99M

Disclosure flow

Value filed per session · last 60 days

Where the money went

By disclosed value · 14 days · click a bar for the filings
Most bought
Most sold

Signals

Fixed rules over the last 21 days — see each card for why it fired
Cluster selling FLY
4 insiders sold $2.5M 1 day ago
Cluster selling TEM
5 insiders sold $17.12M 1 day ago
Cluster buying RWT
4 insiders bought $1.31M 1 day ago
Executive buy RWT
3 executives bought $1.12M 1 day ago
Cluster selling DUOL
3 insiders sold $6.91M 1 day ago
Cluster selling CORT
6 insiders sold $11.65M 1 day ago
Cluster selling BBNX
5 insiders sold $2.86M 1 day ago
Cluster selling BE
4 insiders sold $3.14M 1 day ago
Cluster selling ADBE
4 insiders sold $32.21M 1 day ago
$1M+ insider buy CV
Shen Ching Hang bought $5M 1 day ago
10% owner adding CV
Shen Ching Hang added $5M 1 day ago
Cluster selling RVMD
8 insiders sold $43.63M 1 day ago

Disclosure sentiment

Who is buying against who is selling · 90 days · −100 to +100
Accumulation
RCG 56 buys · 0 sells +100
AMR 26 buys · 0 sells +100
AAT 18 buys · 0 sells +100
DLHC 47 buys · 0 sells +100
SUJA 22 buys · 0 sells +100
BGDE 29 buys · 0 sells +100
Distribution
DELL 0 buys · 1005 sells -100
UTHR 0 buys · 533 sells -100
CRWV 0 buys · 795 sells -100
SE 0 buys · 516 sells -100
STX 0 buys · 309 sells -100
CHYM 0 buys · 317 sells -100

Bullish and bearish sectors

Net disclosed value · 30 days

Buying extends right, selling left. A company in more than one industry counts in each.

59 filings

Official insider and political disclosure transactions
Filed Transaction Issuer / asset Reporting person Qty / price Value Source Actions
Sep 18, 2026 1-day lag Sale Sep 17, 2026 Common Stock Narayen Shantanu Insider Chair And CEO 17,595 shares @ $250.19 Indirect ownership $4.4M SEC Form 4
Same filing as the row above Sale Sep 17, 2026 9,978 shares @ $251.02 Indirect ownership $2.5M
Same filing as the row above Sale Sep 17, 2026 10,313 shares @ $249.17 Indirect ownership $2.57M
Same filing as the row above Sale Sep 17, 2026 7,168 shares @ $248.14 Indirect ownership $1.78M
Same filing as the row above Sale Sep 17, 2026 638 shares @ $251.76 Indirect ownership $160.62K
Same filing as the row above Sale Sep 17, 2026 3,430 shares @ $247.36 Indirect ownership $848.44K
Same filing as the row above Sale Sep 17, 2026 1,378 shares @ $246.09 Indirect ownership $339.11K
Same filing as the row above Sale Sep 16, 2026 20,716 shares @ $252.03 Indirect ownership $5.22M
Same filing as the row above Sale Sep 16, 2026 11,495 shares @ $253.06 Indirect ownership $2.91M
Same filing as the row above Sale Sep 16, 2026 33,001 shares @ $251.03 Indirect ownership $8.28M
Same filing as the row above Sale Sep 16, 2026 930 shares @ $253.64 Indirect ownership $235.88K
Same filing as the row above Sale Sep 16, 2026 8,358 shares @ $250.22 Indirect ownership $2.09M
Sep 17, 2026 2-day lag Exercise Sep 15, 2026 Common Stock Pentland Adele Louise Insider Chief Legal Officer & EVP 1,949 shares @ $0 Direct ownership $0 SEC Form 4
Same filing as the row above Exercise Sep 15, 2026 Restricted Stock Units on Common Stock 1,949 shares @ $0 Direct ownership $0
Same filing as the row above Disposition Sep 15, 2026 Common Stock 966 shares @ $257.76 Direct ownership $249K
Sep 17, 2026 2-day lag Disposition Sep 15, 2026 Common Stock Forusz Jillian Insider SVP & CAO 112 shares @ $257.76 Direct ownership $28.87K SEC Form 4
Same filing as the row above Exercise Sep 15, 2026 Restricted Stock Units on Common Stock 2,858 shares @ $0 Direct ownership $0
Same filing as the row above Disposition Sep 15, 2026 Common Stock 1,416 shares @ $257.76 Direct ownership $364.99K
Same filing as the row above Exercise Sep 15, 2026 227 shares @ $0 Direct ownership $0
Same filing as the row above Exercise Sep 15, 2026 Restricted Stock Units on Common Stock 227 shares @ $0 Direct ownership $0
Same filing as the row above Exercise Sep 15, 2026 Common Stock 2,858 shares @ $0 Direct ownership $0
Sep 17, 2026 2-day lag Exercise Sep 15, 2026 Common Stock Day Steven Insider Interim CFO And SVP 312 shares @ $0 Direct ownership $0 SEC Form 4
Same filing as the row above Exercise Sep 15, 2026 Restricted Stock Units on Common Stock 1,429 shares @ $0 Direct ownership $0
Same filing as the row above Disposition Sep 15, 2026 Common Stock 708 shares @ $257.76 Direct ownership $182.49K
Same filing as the row above Exercise Sep 15, 2026 1,429 shares @ $0 Direct ownership $0
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$4.4M
Traded
Sep 17, 2026
Filed
Sep 18, 2026
Quantity / price
17,595 shares @ $250.19
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$2.5M
Traded
Sep 17, 2026
Filed
Sep 18, 2026
Quantity / price
9,978 shares @ $251.02
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$2.57M
Traded
Sep 17, 2026
Filed
Sep 18, 2026
Quantity / price
10,313 shares @ $249.17
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$1.78M
Traded
Sep 17, 2026
Filed
Sep 18, 2026
Quantity / price
7,168 shares @ $248.14
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$160.62K
Traded
Sep 17, 2026
Filed
Sep 18, 2026
Quantity / price
638 shares @ $251.76
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$848.44K
Traded
Sep 17, 2026
Filed
Sep 18, 2026
Quantity / price
3,430 shares @ $247.36
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$339.11K
Traded
Sep 17, 2026
Filed
Sep 18, 2026
Quantity / price
1,378 shares @ $246.09
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$5.22M
Traded
Sep 16, 2026
Filed
Sep 18, 2026
Quantity / price
20,716 shares @ $252.03
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$2.91M
Traded
Sep 16, 2026
Filed
Sep 18, 2026
Quantity / price
11,495 shares @ $253.06
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$8.28M
Traded
Sep 16, 2026
Filed
Sep 18, 2026
Quantity / price
33,001 shares @ $251.03
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$235.88K
Traded
Sep 16, 2026
Filed
Sep 18, 2026
Quantity / price
930 shares @ $253.64
Narayen Shantanu Insider Chair And CEO
Sale
Calculated transaction value
$2.09M
Traded
Sep 16, 2026
Filed
Sep 18, 2026
Quantity / price
8,358 shares @ $250.22
Pentland Adele Louise Insider Chief Legal Officer & EVP
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
1,949 shares @ $0
Pentland Adele Louise Insider Chief Legal Officer & EVP
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
1,949 shares @ $0
Pentland Adele Louise Insider Chief Legal Officer & EVP
Disposition
Calculated transaction value
$249K
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
966 shares @ $257.76
Forusz Jillian Insider SVP & CAO
Disposition
Calculated transaction value
$28.87K
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
112 shares @ $257.76
Forusz Jillian Insider SVP & CAO
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
2,858 shares @ $0
Forusz Jillian Insider SVP & CAO
Disposition
Calculated transaction value
$364.99K
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
1,416 shares @ $257.76
Forusz Jillian Insider SVP & CAO
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
227 shares @ $0
Forusz Jillian Insider SVP & CAO
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
227 shares @ $0
Forusz Jillian Insider SVP & CAO
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
2,858 shares @ $0
Day Steven Insider Interim CFO And SVP
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
312 shares @ $0
Day Steven Insider Interim CFO And SVP
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
1,429 shares @ $0
Day Steven Insider Interim CFO And SVP
Disposition
Calculated transaction value
$182.49K
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
708 shares @ $257.76
Day Steven Insider Interim CFO And SVP
Exercise
Calculated transaction value
$0
Traded
Sep 15, 2026
Filed
Sep 17, 2026
Quantity / price
1,429 shares @ $0