Are there any insider trading activity or insider sales that have increased following the announcement?
Short answer:
Based on the information you provided (the pressârelease announcing a shareholderâclassâaction investigation of STAAR Surgical Company (NASDAQ:âŻSTAA)), no insiderâtrading activity or insiderâsale data is included. The pressârelease only describes the launch of a classâaction investigation by Juan Monteverde and his firm and does not contain any details about insider transactions (e.g., purchases, sales, or option exercises) that have taken place after the announcement.
Why the news excerpt doesnât reveal insider activity
| Aspect of the pressârelease | What we know from the excerpt |
|---|---|
| Main focus | A classâaction lawsuit / investigation of STAAR Surgical by an M&Aâclassâaction firm. |
| Financial data | The firmâs track record (recovered millions) and its ranking in the 2024 ISS report â no mention of stockâprice moves, insider filings, or any trading activity. |
| Company statements | None provided about internal corporate events, insider purchases/sales, or a response from STAARâs management. |
| Regulatory filings | Not referenced; no Form 4, Form 8âK, or 10âK citations. |
| Timeframe | The announcement was made on AugustâŻ7âŻ2025. Any insider trades that might have occurred on or after that date are not documented in the excerpt. |
Because the pressârelease is a public relations announcement (PRNewswire) and not a regulatory filing (e.g., SEC FormâŻ4, 8âK, 13D/13G, or a 10âK/10âQ), it does not contain the type of data needed to determine whether insiders have bought or sold shares following the announcement.
How to verify whether insider activity has increased
If you need to know whether insiders (executives, directors, large shareholders, or other insiders) have been buying or selling STAA shares after the AugustâŻ7 announcement, you would need to consult SEC filings and marketâdata sources. Below is a stepâbyâstep guide you can follow to obtain a reliable answer:
| Step | Source / Tool | What to look for |
|---|---|---|
| 1. SEC FormâŻ4 (or FormâŻ5) Filings | SEC EDGAR, âCompany Filingsâ search (or services like BamSEC, OpenInsider, SEC.gov). | All insider sales and purchases reported within the mandatory reporting window (usually 2 business days for a FormâŻ4). Look for any filings dated after AugustâŻ7,âŻ2025. |
| 2. SEC FormâŻ13D/13G | SEC EDGAR or a platform such as Whale Alert, BamSEC. | Beneficialâowner filings ( >5% ownership). Look for new 13D filings that indicate a new stake or a 13G amendment indicating an increase in ownership. |
| 3. 8âK/10âK & 10âQ | EDGAR, company investorârelations page. | Companies must disclose âmaterial eventsâ including insider sales that could affect the price. The 8âK filed after the classâaction announcement may include a âMaterial Eventâ disclosure. |
| 4. Realâtime tradeâalert services | NASDAQâs insiderâactivity tracker, Eikon, Bloomberg, FactSet. | Set up a realâtime alert for any insider transactions for ticker STAA. |
| 5. Thirdâparty analytics | InsiderTrader.com, NASDAQ Insider Activity, **Securities and Exchange Commissionâs âInsider Transactionâ search. | Look at aggregated data (e.g., total dollar volume of insider sales vs. purchases over the last 30â60 days). |
| 6. Look for âInsider Salesâ news | Google News, MarketWatch, Yahoo Finance news feed, PRNewswire. | If there has been a notable insider sale (e.g., a Câsuite member selling millions of dollars of stock), it often triggers a news story. |
| 7. Verify with the company | STAAR Surgical Investor Relations (IR) contact. | Ask directly whether any insider transactions have been disclosed postâannouncement. |
Typical redâflag patterns to watch for:
- Large, unregistered sales by CEOs, CFOs, or board members shortly after a negative news event (e.g., a classâaction suit).
- Sudden spikes in the aggregate number of shares sold vs. purchased (e.g., a 30âday netâsell > $10âŻM).
- Changes in ownership percentage for insiders that cross the 5% threshold (often triggers a 13D/13G filing).
- Executives exercising large stock options (Form 4) that coincide with the announcement date.
If any of the above are found, they could be interpreted as insiderâselling pressure (or, conversely, insider buying that suggests confidence). However, the presence of insider trades does not automatically imply wrongdoing; it needs to be contextualized with the size of the transaction, the insiderâs role, and the reason for the transaction (e.g., preâplanned diversification, tax planning, or a response to the legal matter).
Bottom line
- The press release itself does not contain any information about insider trades.
- To determine if insider activity has increased after the announcement, you must consult the SECâs public filing database (FormâŻ4, 13D/13G, 8âK) and any realâtime insiderâtransaction monitoring tools.
If you have access to a dataâfeed (e.g., Bloomberg Terminal or a commercial SECâfiling aggregator) you can quickly pull a âInsider Activityâ report for STAA covering AugustâŻ7âŻââŻthe present date. That will give you a definitive answer on whether insiders have been buying, selling, or otherwise moving shares after the classâaction announcement.
If you would like assistance locating or interpreting those filings, just let me know â I can walk you through the specific steps to pull them from EDGAR or help set up a monitor in a data platform you may already have.