indie Semiconductor, Inc. Chief Financial Officer Wu Naixi filed a Form 4 on November 3, 2026, disclosing the vesting of restricted stock units and a subsequent open-market sale of Class A Common Stock on November 1 and 2, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • RSU vesting: Wu Naixi acquired 12,500 shares of Class A Common Stock on November 1, 2026, through the vesting of Restricted Stock Units at a price of $0, reducing the RSU position to 0.
  • Open-market sale: 6,250 shares were sold on November 2, 2026, at a weighted average price of $1.5902, with individual transaction prices ranging from $1.50 to $1.66, inclusive.
  • Sale purpose: According to the filing, the shares were sold to pay for withholding taxes in connection with the vesting of Restricted Stock Units.
  • 10b5-1 plan: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Wu Naixi on December 12, 2025, covering automated open-market sales through December 15, 2027.
  • Remaining direct ownership: Following the reported transactions, Wu Naixi directly holds 163,183 shares of Class A Common Stock, plus 90 shares held indirectly by spouse.

indie Semiconductor CFO RSU Vesting and Tax-Related Share Sale Details

According to the Form 4 filed with the SEC on November 3, 2026, Wu Naixi, Chief Financial Officer of indie Semiconductor, Inc. (NASDAQ:INDI), reported two transactions in Class A Common Stock across consecutive trading days. On November 1, 2026, Wu Naixi acquired 12,500 shares through the vesting of Restricted Stock Units (RSUs), each of which the filing describes as "a contingent right to receive one share of Class A Common Stock." The RSUs vested at no cost, and the filing notes that such RSUs vest at the rate of 50% annually beginning on November 1, 2025.

On November 2, 2026, 6,250 shares were sold in the open market at a weighted average price of $1.5902 per share. The filing states that individual transactions occurred at prices ranging from $1.50 to $1.66, inclusive, and that Wu Naixi undertakes to provide full per-price detail upon request to the issuer, any security holder, or SEC staff. The filing attributes the sale specifically to paying withholding taxes arising from the RSU vesting, and confirms the sale was executed under a Rule 10b5-1 trading plan adopted December 12, 2025, which includes automated sales on predetermined dates through December 15, 2027.

Following both transactions, the filing reports Wu Naixi directly holds 163,183 shares of Class A Common Stock. An additional 90 shares are held indirectly by Wu Naixi's spouse. The Form 4 was signed by Chang Eui Kim pursuant to a power of attorney filed on October 30, 2025.

What Was Disclosed

Wu Naixi, CFO of indie Semiconductor, disclosed the vesting of 12,500 RSUs and the sale of 6,250 shares at a weighted average of $1.5902 to cover tax withholding, executed under a pre-existing Rule 10b5-1 plan, with 163,183 shares directly held after the transactions.