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OCULAR THERAPEUTIX, INC [OCUL]

Reporting date: 10/08/2025

⚠️ Neutral Insider Sale Detected

📝 What Happened

  • Insider: Anderman Todd
  • Role: Chief Legal Officer
  • Company: OCULAR THERAPEUTIX, INC (OCUL)
  • Transaction Date(s): 2025-10-08
  • Table I (Non-Derivative Securities)
    • Sale : 11,132 shares
    • Average Sale Price: $12.34
    • Total Value: $137,368.88
    • Post-Transaction Direct Holdings: 87,568 shares
    • Indirect Holdings: None
    • 10b5-1 Plan Used? Yes

📄 Summary

Anderman Todd, Chief Legal Officer at OCULAR THERAPEUTIX, INC (OCUL), sold 11,132 shares on October 8, 2025, at an average price of $12.34, realizing proceeds of about ~$137,368.88. After the transaction, he now holds 87,568 shares directly; no indirect holdings reported. For retail traders, this is a neutral event: Routine sell-to-cover for tax withholding; not indicative of insider concern.

🔑 Interpretation

  • Type: Comp-related (sell-to-cover tied to RSU vesting; filing footnote indicates automatic instruction)
  • Disposition: Shares were sold immediately under an automatic sale instruction (not a discretionary sale)
  • Size Context: The sale of 11,132 shares represents roughly ~11.3% of the pre-transaction position (~98,700 shares pre-sale) — modest and consistent with tax-withholding rather than large-scale profit-taking
  • ATH Metric: The trade price ($12.34) does not appear to coincide with any clear all-time high or low signal; based on the transaction price relative to the stock's historical trading range through yesterday, this sale does not look opportunistically timed to an ATH or ATL
  • Outlier Check: Not unusually large given the reporting person's total holdings and the stated sell-to-cover purpose; consistent with routine transactions

📊 Bullish or Bearish?

Neutral.

Neutral. The filing shows a net sale (Code S) but the footnotes and 10b5-1/automatic sale language indicate a non-discretionary, compensation-related sell-to-cover event; the insider retains the majority of their position. Data is complete for this transaction but cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This transaction looks like a routine sell-to-cover for tax withholding rather than a bearish signal. For retail traders, it’s noise, not a tradeable event — not worth short-/mid-term action unless corroborated by larger, discretionary insider sales from multiple senior executives.