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Insider selling ·

Insider Selling on September 21, 2026: BZ, DELL and ANET Lead $601.4M of Sales

Every open-market insider sale filed with the SEC on September 21, 2026: BZ, DELL, ANET, TWST and more, with each insider's stake, the price since and 90-day insider history.

Company insiders filed 103 open-market sales worth $601.4M with the SEC on September 21, 2026, across 74 companies. 54 of them (52%) were made under Rule 10b5-1 plans set up months in advance, which makes a sale less telling. Below are the largest, with what each insider owns now, how the stock has moved since, and each company's insider trading over the past 90 days.

The 15 largest insider sales filed Sep 21

TickerCompanyInsiderRoleSharesAvg priceValueTraded
BZKanzhun LtdZhao Peng JonathanChief Executive Officer, Director, 10% Owner15,170,000$7.25$110.0MSep 21
ANETArista Networks, Inc.Bechtolsheim Andreas10% Owner300,000$198.95$59.7MSep 17
TWSTTwist Bioscience CorpLeproust Emily M.Chief Executive Officer, Director356,546$157.99$56.3MSep 17
SNDKSandisk CorpGoeckeler DavidChairman & CEO, Director33,841$1,574.21$53.3MSep 17
DELLDell Technologies Inc.Silver Lake Partners IV, L.P.Director, 10% Owner52,488$585.77$30.7MSep 17
GSATGlobalstar, Inc.Lynch James FDirector361,600$82.52$29.8MSep 18
DELLDell Technologies Inc.Sl Spv-2, L.P.Director, 10% Owner46,253$585.91$27.1MSep 17
SIONSionna Therapeutics, Inc.Ra Capital Management, L.P.Director, 10% Owner3,448,811$6.33$21.8MSep 17
WDAYWorkday, Inc.Duffield David A10% Owner94,089$194.69$18.3MSep 18
DELLDell Technologies Inc.Silver Lake Partners V DE (AIV), L.P.Director, 10% Owner26,553$585.91$15.6MSep 17
KNTKKinetik Holdings Inc.ISQ Global Fund II GP LLC10% Owner265,572$54.03$14.3MSep 17
DELLDell Technologies Inc.Kennedy David AlanChief Financial Officer23,896$585.02$14.0MSep 17
GWREGuidewire Software, Inc.Rosenbaum Michael GeorgeChief Executive Officer, Director73,490$144.50$10.6MSep 17
PANWPalo Alto Networks IncGoetz James JDirector20,000$376.68$7.5MSep 17
CRWDCrowdStrike Holdings, Inc.Davis CaryDirector29,940$246.00$7.4MSep 17

Unscheduled sales

The largest sales made outside Rule 10b5-1 plans by officers and directors rather than 10% owners. These are the sales worth reading.

  • Lynch James F (Director) at GSAT sold 361,600 shares at $82.52 ($29.8M), cutting their holding 51%.
  • Kennedy David Alan (Chief Financial Officer) at DELL sold 23,896 shares at $585.02 ($14.0M), cutting their holding 13%.
  • Goetz James J (Director) at PANW sold 20,000 shares at $376.68 ($7.5M), their entire reported stake.
  • Davis Cary (Director) at CRWD sold 29,940 shares at $246.00 ($7.4M), cutting their holding 34%.
  • Schikan Johannes Gerardus Christiaan Petrus (Director) at PHVS sold 200,000 shares at $35.00 ($7.0M), cutting their holding 63%.
  • Mullen John P (President) at GWRE sold 39,683 shares at $144.47 ($5.7M), cutting their holding 18%.
  • Adcock Mary Ellen (Executive Vice President) at KR sold 72,901 shares at $60.70 ($4.4M), cutting their holding 29%.
  • Lu Peng (President) at PHVS sold 100,000 shares at $35.00 ($3.5M), cutting their holding 61%.

Biggest stake cuts

The sales that shrank an insider's holding the most, in percent.

Kanzhun Ltd (BZ)

Zhao Peng Jonathan (Chief Executive Officer, Director, 10% Owner) sold 15,170,000 shares on Sep 21 at an average $7.25, about $110.0M. That cut their holding 12.0%, leaving 110,996,801 shares. Read the Form 4.

BZ last closed at $16.28 on Oct 29, +124.6% from the average sale price. Since Aug 1, Kanzhun Ltd insiders filed 0 open-market purchases ($0) and 5 sales ($121.6M). 21 13F filers hold BZ among their 50 largest positions.

Who traded BZ since Aug 1:

  • Zhao Peng Jonathan (Chief Executive Officer, Director, 10% Owner): 2 sales of 15,913,600 shares, about $116.1M
  • Chen Xu (Chief Marketing Officer, Director): 2 sales of 600,000 shares, about $5.0M
  • Mu Yang (Director): 1 sale of 60,704 shares, about $453K

See every BZ insider trade.

Dell Technologies Inc. (DELL)

Silver Lake Partners IV, L.P. (Director, 10% Owner) sold 52,488 shares starting Sep 17 at an average $585.77, about $30.7M. That cut their holding 3.7%, leaving 1,383,800 shares. Read the Form 4.

Sl Spv-2, L.P. (Director, 10% Owner) sold 46,253 shares starting Sep 17 at an average $585.91, about $27.1M. That cut their holding 28.7%, leaving 114,714 shares. Read the Form 4.

Silver Lake Partners V DE (AIV), L.P. (Director, 10% Owner) sold 26,553 shares starting Sep 17 at an average $585.91, about $15.6M. That cut their holding 30.9%, leaving 59,331 shares. Read the Form 4.

4 more insider filings for DELL came in the same day.

DELL last closed at $475.51 on Oct 29, -18.8% from the average sale price. Since Aug 1, Dell Technologies Inc. insiders filed 0 open-market purchases ($0) and 58 sales ($874.2M). 414 13F filers hold DELL among their 50 largest positions, including Arnold Van Den Berg, Jim Simons and Derek Pilecki. Members of Congress disclosed 11 trades in DELL over the past year; most recently Alan Armstrong (R-OK) bought $1,001–$15,000 on Mar 27.

Who traded DELL since Aug 1:

See every DELL insider trade and which funds own DELL.

Arista Networks, Inc. (ANET)

Bechtolsheim Andreas (10% Owner) sold 300,000 shares starting Sep 17 at an average $198.95, about $59.7M. That cut their holding 0.2%, leaving 180,543,048 shares. The trade was made under a Rule 10b5-1 plan set up in advance. Read the Form 4.

ANET last closed at $184.22 on Oct 29, -7.4% from the average sale price. Since Aug 1, Arista Networks, Inc. insiders filed 0 open-market purchases ($0) and 14 sales ($614.8M). 495 13F filers hold ANET among their 50 largest positions, including Francois Rochon, Steve Cohen and Cliff Asness. Members of Congress disclosed 11 trades in ANET over the past year; most recently Alan Armstrong (R-OK) bought $1,001–$15,000 on Mar 27.

Who traded ANET since Aug 1:

See every ANET insider trade and which funds own ANET.

Twist Bioscience Corp (TWST)

Leproust Emily M. (Chief Executive Officer, Director) sold 356,546 shares starting Sep 17 at an average $157.99, about $56.3M. That cut their holding 36.5%, leaving 620,589 shares. The trade was made under a Rule 10b5-1 plan set up in advance. Read the Form 4.

TWST last closed at $173.45 on Oct 29, +9.8% from the average sale price. Since Aug 1, Twist Bioscience Corp insiders filed 0 open-market purchases ($0) and 24 sales ($98.0M). 26 13F filers hold TWST among their 50 largest positions, including Cathie Wood.

Who traded TWST since Aug 1:

  • Leproust Emily M. (Chief Executive Officer, Director): 7 sales of 545,428 shares, about $81.0M
  • Finn Patrick John (President and COO): 3 sales of 85,289 shares, about $10.0M
  • Cho Dennis (See Remarks): 5 sales of 31,490 shares, about $3.8M
  • Chess Robert (Director): 1 sale of 18,417 shares, about $2.0M
  • Green Paula (SVP of Human Resources): 3 sales of 3,400 shares, about $397K
  • Blake Katryn (Director): 1 sale of 2,240 shares, about $275K
  • Laponis Adam (Chief Financial Officer): 1 sale of 1,965 shares, about $273K
  • Werner Robert F. (Chief Accounting Officer): 3 sales of 1,928 shares, about $257K

See every TWST insider trade and which funds own TWST.

Sandisk Corp (SNDK)

Goeckeler David (Chairman & CEO, Director) sold 33,841 shares starting Sep 17 at an average $1,574.21, about $53.3M. That cut their holding 8.1%, leaving 382,865 shares. The trade was made under a Rule 10b5-1 plan set up in advance. Read the Form 4.

SNDK last closed at $1,330.05 on Oct 29, -15.5% from the average sale price. Since Aug 1, Sandisk Corp insiders filed 0 open-market purchases ($0) and 8 sales ($120.1M). 463 13F filers hold SNDK among their 50 largest positions, including Leopold Aschenbrenner, Alex Sacerdote and Stanley Druckenmiller. Members of Congress disclosed 7 trades in SNDK over the past year; most recently Alan Armstrong (R-OK) bought $1,001–$15,000 on Mar 27.

Who traded SNDK since Aug 1:

  • Goeckeler David (Chairman & CEO, Director): 2 sales of 67,679 shares, about $105.0M
  • Ilkbahar Alper (EVP & Chief Technology Officer): 2 sales of 5,112 shares, about $7.9M
  • Shek Bernard (Chief Legal Officer & Secty): 3 sales of 3,508 shares, about $5.7M
  • Visoso Luis Felipe (EVP & CFO): 1 sale of 1,000 shares, about $1.6M

See every SNDK insider trade and which funds own SNDK.

Globalstar, Inc. (GSAT)

Lynch James F (Director) sold 361,600 shares starting Sep 18 at an average $82.52, about $29.8M. That cut their holding 50.7%, leaving 351,114 shares. Read the Form 4.

GSAT last closed at $83.53 on Oct 29, +1.2% from the average sale price. Since Aug 1, Globalstar, Inc. insiders filed 1 open-market purchase ($29.8M) and 9 sales ($62.7M). 21 13F filers hold GSAT among their 50 largest positions.

Who traded GSAT since Aug 1:

See every GSAT insider trade.

Guidewire Software, Inc. (GWRE)

Rosenbaum Michael George (Chief Executive Officer, Director) sold 73,490 shares starting Sep 17 at an average $144.50, about $10.6M. That cut their holding 20.8%, leaving 279,666 shares. The trade was made under a Rule 10b5-1 plan set up in advance. Read the Form 4.

Mullen John P (President) sold 39,683 shares starting Sep 17 at an average $144.47, about $5.7M. That cut their holding 17.8%, leaving 183,647 shares. Read the Form 4.

Cooper Jeffrey Elliott (Chief Financial Officer) sold 33,175 shares starting Sep 17 at an average $143.92, about $4.8M. That cut their holding 28.0%, leaving 85,420 shares. The trade was made under a Rule 10b5-1 plan set up in advance. Read the Form 4.

2 more insider filings for GWRE came in the same day.

GWRE last closed at $160.07 on Oct 29, +10.9% from the average sale price. Since Aug 1, Guidewire Software, Inc. insiders filed 0 open-market purchases ($0) and 14 sales ($27.9M). 37 13F filers hold GWRE among their 50 largest positions, including Bryan Lawrence and Spencer Waxman.

Who traded GWRE since Aug 1:

See every GWRE insider trade and which funds own GWRE.

Sionna Therapeutics, Inc. (SION)

Ra Capital Management, L.P. (Director, 10% Owner) sold 3,448,811 shares starting Sep 17 at an average $6.33, about $21.8M. That cut their holding 50.0%, leaving 3,448,812 shares. Read the Form 4.

SION last closed at $4.00 on Oct 29, -36.8% from the average sale price. Since Aug 1, Sionna Therapeutics, Inc. insiders filed 0 open-market purchases ($0) and 1 sale ($21.8M).

See every SION insider trade and which funds own SION.

Every number here comes from the original Form 4 filings. See all of the day's trades in the Sep 21 insider recap, or screen every Form 4 in the insider screener.

Questions and answers

What were the biggest insider sales on September 21, 2026?

Zhao Peng Jonathan (Chief Executive Officer, Director, 10% Owner) sold $110.0M of BZ; Bechtolsheim Andreas (10% Owner) sold $59.7M of ANET; Leproust Emily M. (Chief Executive Officer, Director) sold $56.3M of TWST; Goeckeler David (Chairman & CEO, Director) sold $53.3M of SNDK; Silver Lake Partners IV, L.P. (Director, 10% Owner) sold $30.7M of DELL.

How many insider sales were filed on September 21, 2026?

103 open-market sales worth $601.4M at 74 companies, from SEC Form 4 filings.

Does insider selling mean the stock will fall?

Not necessarily. Insiders sell for taxes, diversification and planned liquidity, and many sales run on Rule 10b5-1 plans set up months ahead. Purchases are the stronger signal: there is only one reason to buy.

Sources: SEC Form 4 filings dated 2026-09-21. Written from the data on this site on Oct 30, 2026; every figure links to the page it comes from. Not investment advice.