Insider trading on February 13, 2026

62 insiders at 51 companies bought $53.3M of their own stock on the open market, across 74 transactions. The largest was Investor Ab, 10% Owner, buying $15.8M of Nasdaq, INC. (NDAQ).

7 chief executives bought: Fernandez Henry A at MSCI, Kaplan Jordan L at DEI and 5 more.

Insiders sold $882.7M across 376 open-market sales. That is 16.5× the value bought. Selling routinely outweighs buying, because most executive pay is delivered in stock.

Bought

$53.3M

74 purchases

Sold

$882.7M

376 sales

Companies bought

62 insiders

CEO buys

chief executives

Open-market purchases

Code P only — insiders spending their own money, largest first.

Insider transactions, newest first: date, security, transaction type, size and a link to the filing each row came from.
Date	Ticker	Company	Insider	Role	Type	Shares	Price	Value	Δ Own	Filing
Feb 13	NDAQ	Nasdaq, INC.	Investor Ab	10% Owner	PBUY★	200,000	$79.18	$15.8M	+0.3%	Open the original filing on SEC.gov
Feb 13	—	GoldenTree Opportunistic…	Goldentree Asset…	10% Owner	PBUY	971,817.3	$10.29	$10M	+6.5%	Open the original filing on SEC.gov
Feb 13	SONO	Sonos Inc	Coliseum Capital…	10% Owner	PBUY	257,210	$15.74	$4M	+1.6%	Open the original filing on SEC.gov
Feb 13	ASA	ASA Gold & Precious…	Saba Capital Management,…	10% Owner	PBUY	50,560	$71.50	$3.6M	+0.9%	Open the original filing on SEC.gov
Feb 13	VERX	Vertex, Inc.	Westphal Jeffrey	See Remarks	PBUY★	247,740	$13.08	$3.2M	—	Open the original filing on SEC.gov
Feb 13	MSCI	MSCI Inc.	Fernandez Henry A	Chairman and CEO	PBUY	6,000	$524.18	$3.1M	+0.4%	Open the original filing on SEC.gov
Feb 13	SAH	Sonic Automotive INC	Rusnak Paul P.	10% Owner	PBUY	48,540	$59.92	$2.9M	+1.0%	Open the original filing on SEC.gov
Feb 13	XFLH	XFLH Capital Corp	XFLH Holdings Ltd	10% Owner	PBUY	154,970	$10.00	$1.5M	+4.2%	Open the original filing on SEC.gov
Feb 13	WRB	Berkley W R Corp	Mitsui Sumitomo…	10% Owner	PBUY◷	15,406	$69.73	$1.1M	+<0.1%	Open the original filing on SEC.gov
Feb 13	FAF	First American Financial…	Kennedy Parker S	Director	PBUY★	15,000	$67.17	$1M	+7.8%	Open the original filing on SEC.gov
Feb 13	DEI	Douglas Emmett Inc	Kaplan Jordan L	Chairman and CEO	PBUY	98,000	$10.18	$997.6K	+3.4%	Open the original filing on SEC.gov
Feb 13	WTW	Willis Towers Watson PLC	Clarke Lucy	President of Risk &…	PBUY★	3,500	$284.84	$996.9K	+22.2%	Open the original filing on SEC.gov
Feb 13	MXF	Mexico Fund INC	Saba Capital Management,…	10% Owner	PBUY	32,126	$22.69	$728.9K	+1.9%	Open the original filing on SEC.gov
Feb 13	CING	Cingulate Inc.	Hargroves Thomas Jeffrey	Director	PBUY★	97,276	$5.04	$490.3K	+50,665%	Open the original filing on SEC.gov

NDAQPBUY★$15.8M

Investor Ab · 10% OwnerFeb 13

200,000 sh @ $79.18 · +0.3% own

—PBUY$10M

Goldentree Asset… · 10% OwnerFeb 13

971,817.3 sh @ $10.29 · +6.5% own

SONOPBUY$4M

Coliseum Capital… · 10% OwnerFeb 13

257,210 sh @ $15.74 · +1.6% own

ASAPBUY$3.6M

Saba Capital Management,… · 10% OwnerFeb 13

50,560 sh @ $71.50 · +0.9% own

VERXPBUY★$3.2M

Westphal Jeffrey · See RemarksFeb 13

247,740 sh @ $13.08

MSCIPBUY$3.1M

Fernandez Henry A · Chairman and CEOFeb 13

6,000 sh @ $524.18 · +0.4% own

SAHPBUY$2.9M

Rusnak Paul P. · 10% OwnerFeb 13

48,540 sh @ $59.92 · +1.0% own

XFLHPBUY$1.5M

XFLH Holdings Ltd · 10% OwnerFeb 13

154,970 sh @ $10.00 · +4.2% own

WRBPBUY◷$1.1M

Mitsui Sumitomo… · 10% OwnerFeb 13

15,406 sh @ $69.73 · +<0.1% own

FAFPBUY★$1M

Kennedy Parker S · DirectorFeb 13

15,000 sh @ $67.17 · +7.8% own

DEIPBUY$997.6K

Kaplan Jordan L · Chairman and CEOFeb 13

98,000 sh @ $10.18 · +3.4% own

WTWPBUY★$996.9K

Clarke Lucy · President of Risk…Feb 13

3,500 sh @ $284.84 · +22.2% own

MXFPBUY$728.9K

Saba Capital Management,… · 10% OwnerFeb 13

32,126 sh @ $22.69 · +1.9% own

CINGPBUY★$490.3K

Hargroves Thomas Jeffrey · DirectorFeb 13

97,276 sh @ $5.04 · +50,665% own

Open-market sales

Pre-arranged 10b5-1 trades are marked.

Insider transactions, newest first: date, security, transaction type, size and a link to the filing each row came from.
Date	Ticker	Company	Insider	Role	Type	Shares	Price	Value	Δ Own	Filing
Feb 13	AVDL	Avadel Pharmaceuticals PLC	Weiss Asset Management…	Former 10% Owner	SSELL	11.1M	$21.00	$233.4M	-100.0%	Open the original filing on SEC.gov
Feb 13	BANC	Banc Of California, INC.	Warburg Pincus Llc	Director	SSELL	4.3M	$20.10	$85.4M	-61.7%	Open the original filing on SEC.gov
Feb 13	BOBS	Bob's Discount Furniture,…	Bain Capital Investors…	10% Owner	SSELL	2.9M	$15.94	$46.5M	-3.0%	Open the original filing on SEC.gov
Feb 13	BOBS	Bob's Discount Furniture,…	Davis Jennifer Lynn	Director, 10% Owner	SSELL	2.9M	$15.94	$46.5M	-3.0%	Open the original filing on SEC.gov
Feb 13	BOBS	Bob's Discount Furniture,…	Kilgallon John Thomas	Director, 10% Owner	SSELL	2.9M	$15.94	$46.5M	-3.0%	Open the original filing on SEC.gov
Feb 13	TXT	Textron INC	Donnelly Scott C	Executive Chairman	SSELL	130,168	$98.15	$12.8M	-13.5%	Open the original filing on SEC.gov
Feb 13	PBF	PBF Energy Inc.	Control Empresarial de…	10% Owner	SSELL	300,000	$34.23	$10.3M	-1.1%	Open the original filing on SEC.gov
Feb 13	MTSI	MACOM Technology…	Ocampo Susan	10% Owner	SSELL	42,173	$240.35	$10.1M	-1.0%	Open the original filing on SEC.gov
Feb 13	CVEO	Civeo Corp	Engine Capital Managemen…	10% Owner	SSELL	335,394	$28.80	$9.7M	-30.2%	Open the original filing on SEC.gov
Feb 13	TXT	Textron INC	Donnelly Scott C	Executive Chairman	SSELL	89,229	$98.79	$8.8M	-10.7%	Open the original filing on SEC.gov
Feb 13	MCD	Mcdonalds Corp	Kempczinski Christopher…	Chairman and CEO	SSELL◷	26,276	$333.54	$8.8M	-53.4%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Wilhelmsen Arne…	Director	SSELL	26,347	$328.59	$8.7M	-0.1%	Open the original filing on SEC.gov
Feb 13	SN	SharkNinja, Inc.	Shah Neil B.	Chief Commercial Officer	SSELL	64,367	$130.42	$8.4M	-11.3%	Open the original filing on SEC.gov
Feb 13	CAT	Caterpillar INC	Fassino Anthony D.	Group President	SSELL	7,891	$776.90	$6.1M	-14.5%	Open the original filing on SEC.gov
Feb 13	ROIV	Roivant Sciences Ltd.	Gold Daniel Allen	Director	SSELL	225,000	$26.50	$6M	-1.5%	Open the original filing on SEC.gov
Feb 13	ROIV	Roivant Sciences Ltd.	QVT Financial LP	Director by Deputization	SSELL	225,000	$26.50	$6M	-1.5%	Open the original filing on SEC.gov
Feb 13	ROIV	Roivant Sciences Ltd.	Manchester Keith S	Director	SSELL	225,000	$26.50	$6M	-1.5%	Open the original filing on SEC.gov
Feb 13	YUMC	Yum China Holdings, Inc.	Wat Joey	Chief Executive Officer	SSELL	104,000	$55.18	$5.7M	-19.4%	Open the original filing on SEC.gov
Feb 13	IR	Ingersoll Rand Inc.	Reynal Vicente	See Remarks	SSELL◷	55,870	$100.39	$5.6M	-19.6%	Open the original filing on SEC.gov
Feb 13	L	Loews Corp	Tisch Andrew H	Director Emeritus	SSELL	50,000	$108.87	$5.4M	-0.4%	Open the original filing on SEC.gov
Feb 13	JNJ	Johnson & Johnson	Swanson James D.	EVP, CIO	SSELL	22,191	$243.71	$5.4M	-47.0%	Open the original filing on SEC.gov
Feb 13	ROIV	Roivant Sciences Ltd.	Venker Eric	President & Immunovant…	SSELL◷	200,000	$26.49	$5.3M	-10.8%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Liberty Jason T	President & CEO	SSELL	16,158	$326.56	$5.3M	-5.8%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Liberty Jason T	President & CEO	SSELL	15,724	$328.48	$5.2M	-6.4%	Open the original filing on SEC.gov
Feb 13	MTSI	MACOM Technology…	Ocampo Susan	10% Owner	SSELL	19,877	$245.03	$4.9M	-0.5%	Open the original filing on SEC.gov
Feb 13	C	Citigroup INC	Torres Cantu Ernesto	Head of International	SSELL	43,173	$111.09	$4.8M	-48.5%	Open the original filing on SEC.gov
Feb 13	JNJ	Johnson & Johnson	Swanson James D.	EVP, CIO	SSELL	19,368	$243.76	$4.7M	-43.6%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Liberty Jason T	President & CEO	SSELL	14,389	$327.48	$4.7M	-5.5%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Liberty Jason T	President & CEO	SSELL	14,258	$325.54	$4.6M	-4.9%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Bayley Michael W	Pres&CEO, Royal…	SSELL	14,038	$328.47	$4.6M	-16.9%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Bayley Michael W	Pres&CEO, Royal…	SSELL	13,889	$326.57	$4.5M	-12.6%	Open the original filing on SEC.gov
Feb 13	R	Ryder System INC	Smith E Follin	Director	SSELL	21,772	$207.78	$4.5M	-79.1%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Wilhelmsen Arne…	Director	SSELL	13,691	$329.24	$4.5M	<0.1%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Wilhelmsen Arne…	Director	SSELL	13,694	$325.46	$4.5M	<0.1%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Bayley Michael W	Pres&CEO, Royal…	SSELL	13,241	$325.55	$4.3M	-10.8%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Bayley Michael W	Pres&CEO, Royal…	SSELL	12,759	$327.46	$4.2M	-13.3%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Holtz Naftali	Chief Financial Officer	SSELL	12,710	$328.49	$4.2M	-26.2%	Open the original filing on SEC.gov
Feb 13	GOLD	Gold.com, Inc.	Benjamin Jeffrey D	Director	SSELL	68,258	$60.88	$4.2M	-42.0%	Open the original filing on SEC.gov
Feb 13	ROIV	Roivant Sciences Ltd.	QVT Financial LP	Director by Deputization	SSELL	150,784	$26.49	$4M	-1.0%	Open the original filing on SEC.gov
Feb 13	ROIV	Roivant Sciences Ltd.	Manchester Keith S	Director	SSELL	150,784	$26.49	$4M	-1.0%	Open the original filing on SEC.gov
Feb 13	ROIV	Roivant Sciences Ltd.	Gold Daniel Allen	Director	SSELL	150,784	$26.49	$4M	-1.0%	Open the original filing on SEC.gov
Feb 13	PPG	Ppg Industries INC	Morales Vincent J	Senior VP & CFO	SSELL	30,397	$131.00	$4M	-100.0%	Open the original filing on SEC.gov
Feb 13	RBLX	Roblox Corp	Reinstra Mark	Chief Legal Off. &…	SSELL	60,000	$63.94	$3.8M	-13.2%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Wilhelmsen Arne…	Director	SSELL	11,783	$319.28	$3.8M	<0.1%	Open the original filing on SEC.gov
Feb 13	PPG	Ppg Industries INC	Morales Vincent J	Senior VP & CFO	SSELL	28,439	$130.92	$3.7M	-36.4%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Holtz Naftali	Chief Financial Officer	SSELL	11,035	$327.47	$3.6M	-18.5%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Wilhelmsen Arne…	Director	SSELL	10,203	$330.18	$3.4M	<0.1%	Open the original filing on SEC.gov
Feb 13	RCL	Royal Caribbean Cruises…	Liberty Jason T	President & CEO	SSELL	10,186	$329.47	$3.4M	-4.4%	Open the original filing on SEC.gov
Feb 13	PTEN	Patterson Uti Energy INC	Drummond Robert Wayne Jr	Director	SSELL	400,000	$8.17	$3.3M	-70.8%	Open the original filing on SEC.gov
Feb 13	SN	SharkNinja, Inc.	Shah Neil B.	Chief Commercial Officer	SSELL	24,689	$129.57	$3.2M	-4.2%	Open the original filing on SEC.gov

AVDLSSELL$233.4M

Weiss Asset Management… · Former 10% OwnerFeb 13

11.1M sh @ $21.00 · -100.0% own

BANCSSELL$85.4M

Warburg Pincus Llc · DirectorFeb 13

4.3M sh @ $20.10 · -61.7% own

BOBSSSELL$46.5M

Bain Capital Investors… · 10% OwnerFeb 13

2.9M sh @ $15.94 · -3.0% own

BOBSSSELL$46.5M

Davis Jennifer Lynn · Director, 10%…Feb 13

2.9M sh @ $15.94 · -3.0% own

BOBSSSELL$46.5M

Kilgallon John Thomas · Director, 10%…Feb 13

2.9M sh @ $15.94 · -3.0% own

TXTSSELL$12.8M

Donnelly Scott C · Executive ChairmanFeb 13

130,168 sh @ $98.15 · -13.5% own

PBFSSELL$10.3M

Control Empresarial de… · 10% OwnerFeb 13

300,000 sh @ $34.23 · -1.1% own

MTSISSELL$10.1M

Ocampo Susan · 10% OwnerFeb 13

42,173 sh @ $240.35 · -1.0% own

CVEOSSELL$9.7M

Engine Capital Managemen… · 10% OwnerFeb 13

335,394 sh @ $28.80 · -30.2% own

TXTSSELL$8.8M

Donnelly Scott C · Executive ChairmanFeb 13

89,229 sh @ $98.79 · -10.7% own

MCDSSELL◷$8.8M

Kempczinski Christopher… · Chairman and CEOFeb 13

26,276 sh @ $333.54 · -53.4% own

RCLSSELL$8.7M

Wilhelmsen Arne… · DirectorFeb 13

26,347 sh @ $328.59 · -0.1% own

SNSSELL$8.4M

Shah Neil B. · Chief Commercial…Feb 13

64,367 sh @ $130.42 · -11.3% own

CATSSELL$6.1M

Fassino Anthony D. · Group PresidentFeb 13

7,891 sh @ $776.90 · -14.5% own

ROIVSSELL$6M

Gold Daniel Allen · DirectorFeb 13

225,000 sh @ $26.50 · -1.5% own

ROIVSSELL$6M

QVT Financial LP · Director by…Feb 13

225,000 sh @ $26.50 · -1.5% own

ROIVSSELL$6M

Manchester Keith S · DirectorFeb 13

225,000 sh @ $26.50 · -1.5% own

YUMCSSELL$5.7M

Wat Joey · Chief Executive…Feb 13

104,000 sh @ $55.18 · -19.4% own

IRSSELL◷$5.6M

Reynal Vicente · See RemarksFeb 13

55,870 sh @ $100.39 · -19.6% own

LSSELL$5.4M

Tisch Andrew H · Director EmeritusFeb 13

50,000 sh @ $108.87 · -0.4% own

JNJSSELL$5.4M

Swanson James D. · EVP, CIOFeb 13

22,191 sh @ $243.71 · -47.0% own

ROIVSSELL◷$5.3M

Venker Eric · President &…Feb 13

200,000 sh @ $26.49 · -10.8% own

RCLSSELL$5.3M

Liberty Jason T · President & CEOFeb 13

16,158 sh @ $326.56 · -5.8% own

RCLSSELL$5.2M

Liberty Jason T · President & CEOFeb 13

15,724 sh @ $328.48 · -6.4% own

MTSISSELL$4.9M

Ocampo Susan · 10% OwnerFeb 13

19,877 sh @ $245.03 · -0.5% own

CSSELL$4.8M

Torres Cantu Ernesto · Head of Internatio…Feb 13

43,173 sh @ $111.09 · -48.5% own

JNJSSELL$4.7M

Swanson James D. · EVP, CIOFeb 13

19,368 sh @ $243.76 · -43.6% own

RCLSSELL$4.7M

Liberty Jason T · President & CEOFeb 13

14,389 sh @ $327.48 · -5.5% own

RCLSSELL$4.6M

Liberty Jason T · President & CEOFeb 13

14,258 sh @ $325.54 · -4.9% own

RCLSSELL$4.6M

Bayley Michael W · Pres&CEO, Royal…Feb 13

14,038 sh @ $328.47 · -16.9% own

RCLSSELL$4.5M

Bayley Michael W · Pres&CEO, Royal…Feb 13

13,889 sh @ $326.57 · -12.6% own

RSSELL$4.5M

Smith E Follin · DirectorFeb 13

21,772 sh @ $207.78 · -79.1% own

RCLSSELL$4.5M

Wilhelmsen Arne… · DirectorFeb 13

13,691 sh @ $329.24 · <0.1% own

RCLSSELL$4.5M

Wilhelmsen Arne… · DirectorFeb 13

13,694 sh @ $325.46 · <0.1% own

RCLSSELL$4.3M

Bayley Michael W · Pres&CEO, Royal…Feb 13

13,241 sh @ $325.55 · -10.8% own

RCLSSELL$4.2M

Bayley Michael W · Pres&CEO, Royal…Feb 13

12,759 sh @ $327.46 · -13.3% own

RCLSSELL$4.2M

Holtz Naftali · Chief Financial…Feb 13

12,710 sh @ $328.49 · -26.2% own

GOLDSSELL$4.2M

Benjamin Jeffrey D · DirectorFeb 13

68,258 sh @ $60.88 · -42.0% own

ROIVSSELL$4M

QVT Financial LP · Director by…Feb 13

150,784 sh @ $26.49 · -1.0% own

ROIVSSELL$4M

Manchester Keith S · DirectorFeb 13

150,784 sh @ $26.49 · -1.0% own

ROIVSSELL$4M

Gold Daniel Allen · DirectorFeb 13

150,784 sh @ $26.49 · -1.0% own

PPGSSELL$4M

Morales Vincent J · Senior VP & CFOFeb 13

30,397 sh @ $131.00 · -100.0% own

RBLXSSELL$3.8M

Reinstra Mark · Chief Legal Off.…Feb 13

60,000 sh @ $63.94 · -13.2% own

RCLSSELL$3.8M

Wilhelmsen Arne… · DirectorFeb 13

11,783 sh @ $319.28 · <0.1% own

PPGSSELL$3.7M

Morales Vincent J · Senior VP & CFOFeb 13

28,439 sh @ $130.92 · -36.4% own

RCLSSELL$3.6M

Holtz Naftali · Chief Financial…Feb 13

11,035 sh @ $327.47 · -18.5% own

RCLSSELL$3.4M

Wilhelmsen Arne… · DirectorFeb 13

10,203 sh @ $330.18 · <0.1% own

RCLSSELL$3.4M

Liberty Jason T · President & CEOFeb 13

10,186 sh @ $329.47 · -4.4% own

PTENSSELL$3.3M

Drummond Robert Wayne Jr · DirectorFeb 13

400,000 sh @ $8.17 · -70.8% own

SNSSELL$3.2M

Shah Neil B. · Chief Commercial…Feb 13

24,689 sh @ $129.57 · -4.2% own