Fusion Acquisition Corp. (ML) is a publicly traded company in the Unknown sector. Across all available filings, 16 corporate insiders have executed 292 transactions totaling $26.6M, demonstrating a bearish sentiment with -$23.0M in net insider flow. The most recent transaction on Sep 16, 2024 involved a sale of 100 shares valued at $4.4K.
No significant insider buying has been recorded for ML in the recent period.
No significant insider selling has been recorded for ML in the recent period.
Based on recent SEC filings, insider sentiment for ML is bearish with an Insider Alignment Score of 7/100 and a net flow of -$23.0M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Fusion Acquisition Corp. (ML) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 16 insiders are actively trading ML stock, having executed 292 transactions in the past 90 days. The most active insider is Richard Correia (Executive), who has made 63 transactions totaling $22.3M.
Get notified when executives and directors at ML file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Sep 16, 2024 | Hong Timmie | Executive | Sale | 100 | $44.09 | $4.4K | 10b5-1 |
| Sep 16, 2024 | Hong Timmie | Executive | Sale | 659 | $43.03 | $28.4K | 10b5-1 |
| Sep 16, 2024 | Hong Timmie | Executive | Sale | 1,575 | $41.94 | $66.1K | 10b5-1 |
| Aug 16, 2024 | Torossian Mark | Executive | Sale | 658 | $46.16 | $30.4K | 10b5-1 |
| Aug 16, 2024 | Hong Timmie | Executive | Sale | 2,367 | $46.16 | $109.3K | 10b5-1 |
| Aug 15, 2024 | Vanwagner Adam | Executive | Sale | 6,973 | $45.10 | $314.5K | 10b5-1 |
| Aug 15, 2024 | Choubey Diwakar | Executive | Sale | 20,133 | $45.10 | $908.0K | Large10b5-1 |
| Aug 15, 2024 | Torossian Mark | Executive | Sale | 811 | $45.10 | $36.6K | 10b5-1 |
| Aug 15, 2024 | Correia Richard | Executive | Sale | 13,138 | $45.10 | $592.5K | Large10b5-1 |
| Aug 15, 2024 | Hong Timmie | Executive | Sale | 5,139 | $45.10 | $231.8K | 10b5-1 |
| Aug 9, 2024 | C. Chrystal John | Executive | Purchase | 700 | $47.67 | $33.4K | |
| Aug 9, 2024 | C. Chrystal John | Executive | Purchase | 400 | $46.01 | $18.4K | |
| Aug 9, 2024 | C. Chrystal John | Executive | Purchase | 300 | $45.22 | $13.6K | |
| Aug 9, 2024 | C. Chrystal John | Executive | Purchase | 600 | $43.99 | $26.4K | |
| Aug 9, 2024 | C. Chrystal John | Executive | Purchase | 2,400 | $43.05 | $103.3K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 85 | $24.8M | 41.7% |
Disposition(D) | 10 | $21.5M | 36.2% |
Payment(F) | 61 | $8.8M | 14.8% |
Exercise(M) | 30 | $2.5M | 4.2% |
Purchase(P) | 23 | $1.8M | 3.1% |
Award(A) | 74 | $0 | 0.0% |
Other(J) | 7 | $0 | 0.0% |
Exercise (Options)(X) | 2 | $0 | 0.0% |
Insider selling pressure at Fusion Acquisition Corp. has increased, with 16 insiders executing 292 transactions across all time. Total sales of $24.8M significantly outpace purchases of $1.8M, resulting in a net outflow of $23.0M. However, 64% of these transactions are pre-scheduled 10b5-1 plans, often used for tax planning or diversification rather than signaling negative outlook.