Insider trading disclosures filed for the trading days around February 6-10, 2026 show a mix of concentrated buying at one cybersecurity firm and large-scale selling across several other companies. Executives and directors at Varonis Systems Inc completed multiple purchases in early February, while an activist investor reduced its holding in a packaged foods maker. A number of senior officers at established industrial, semiconductor and cryptocurrency businesses also executed sizeable sales.
Top insider buys
Varonis Systems Inc (NASDAQ:VRNS) saw significant insider buying last week. Yakov Faitelson, who holds the roles of CEO, President and Chairman, purchased 26,725 shares at $22.41 per share on February 9, 2026. The disclosed value of that trade was $598,907. At the time of reporting, the stock was trading at $26.27, which is higher than Faitelson's purchase price but remains well below the company's 52-week high of $63.90. The purchase follows an earlier grant: on February 6 Faitelson received 315,674 restricted stock units that will vest in equal annual installments beginning in February 2027. The company has been characterized in fair value assessments as slightly undervalued even though its share price has declined more than 51% over the past six months.
Other Varonis insiders added to holdings as well. Director Gavin John J Jr. bought 5,000 shares at $22.54 per share on February 6, 2026, for a total outlay of $112,700. After that transaction Gavin directly owns 273,666 shares. Director Avrohom J. Kess purchased 17,800 shares at $22.29 per share on February 6, 2026, a move that cost $396,762. Following that purchase Kess directly holds 49,403 shares. The cybersecurity firm has an approximate market capitalization of $3.07 billion and a balance sheet that shows more cash than debt.
Outside of Varonis, Globe Life Inc (NYSE:GL) Director Mark A. Blinn reported a purchase of 2,000 shares on April 25, 2024 at $76.77 per share, totaling $153,540. After that earlier transaction, Blinn directly holds 1,475 shares and indirectly holds 5,043 shares through a trust.
Bancorp, Inc. (NASDAQ:TBBK) Executive Vice President and Chief Financial Officer Dominic C. Canuso purchased a total of 3,000 shares across multiple trades executed between February 6 and February 10, 2026. The aggregated cost was $182,776, with trade prices ranging from $59.49 to $62.02 per share. Those purchases coincided with company buyback activity disclosed by management. The financial services company has a market capitalization of about $2.51 billion and is trading at a price-to-earnings ratio of 12.06.
Top insider sells
Major selling activity was led by Jana Partners Management, LP, which reduced its stake in TreeHouse Foods, Inc. (NYSE:THS). The fund sold 1,959,221 shares on February 10, 2026 for aggregate proceeds of roughly $47.9 million. The weighted average sale price was $24.48 per share, with individual sale prices reported between $24.44 and $24.52. Despite the divestment, Jana Partners continues to hold a sizeable position of 3,862,116 shares in TreeHouse Foods.
Zurn Elkay Water Solutions Corp (NYSE:ZWS) Chairman and Chief Executive Officer Todd A. Adams reported selling company stock totaling $28.1 million between February 9 and February 10, 2026. The disclosed sales comprised 270,000 shares at $51.78, 5,050 shares at $51.80, and 263,347 shares at $52.68. Those sales followed Adams' receipt of 569,734 shares on February 6, 2026 resulting from the vesting of performance stock units.
At Coinbase Global, Inc. (NASDAQ:COIN) Chief Financial Officer Alesia J. Haas sold $56.5 million in Class A common stock on February 6, 2026, under a pre-arranged 10b5-1 trading plan. The disposition involved 362,600 shares at prices between $152.10 and $156.72. The filings indicate the sales were undertaken to cover exercise costs, commissions, fees and estimated tax obligations arising from stock option exercises. The cryptocurrency exchange has a market value near $44 billion and its shares were down 28% year-to-date amid elevated market volatility.
Caterpillar (NYSE:CAT) Group President Bob De Lange sold 22,656 shares on February 6, 2026, producing proceeds of about $16.3 million at prices ranging from $720.02 to $721.01 per share. In connection with option activity, De Lange also exercised options to acquire 28,034 shares at an exercise price of $138.35, representing a value of $3,878,503, and then subsequently sold 5,378 shares at $721.12 per share.
Lam Research Corp (NASDAQ:LRCX) Director Eric Brandt sold 35,000 shares on February 6, 2026, in two transactions: 17,000 shares at $220.95 and 18,000 shares at $230.00, for total proceeds of about $7.8 million. Lam Research, a semiconductor equipment maker, has a market capitalization reported at $286.32 billion, trades near its 52-week high of $251.87, and has posted a 176% return over the past year.
Why these filings matter
Insider transaction reports provide a transparent record of how company executives, directors and large shareholders are handling their stock holdings. Purchases by executives and directors frequently are interpreted as expressions of confidence in a company’s outlook. In this reporting period, several Varonis insiders increased their direct holdings, and executives at other companies also made purchases.
Conversely, insider sales can reflect a range of motivations and should not be read as a single signal. The filings here show sales that include personal tax and option-exercise related transactions, planned sales under 10b5-1 programs, and large block sales by an institutional investor. For example, Coinbase’s CFO sold shares under a pre-arranged plan specifically to cover option-related costs and taxes. Jana Partners’ sale of nearly two million TreeHouse shares reduced, but did not eliminate, its position.
While no single filing should determine investment decisions, sustained patterns of buying or selling can provide useful context when combined with other fundamental and market data. Investors tracking volatility in sectors such as cybersecurity, semiconductors, heavy equipment, packaged foods, financial services and cryptocurrency will find these disclosures relevant to assessing insider sentiment and potential posture shifts among corporate insiders.
Takeaways
- Varonis saw concentrated insider buying from the CEO and two directors in early February, increasing their direct stakes amid a recent period of price weakness.
- Jana Partners executed a material sale of TreeHouse Foods shares but retains a substantial remaining position.
- Large option-related and planned sales were reported at Coinbase and Caterpillar, and a sizable divestiture occurred at Zurn Elkay following a vesting event.