Insider trade

Tesla director James R Murdoch sold about $786K of shares under a pre-set plan

Traded Jan 2, 2026 · Filed Jan 7, 2026

TeslaTSLA

~$786K
Reported value · 1,803 sh @ $435.865: 635K
Holds after · shares reported: -19.2%
stock since the trade · S&P 500 +11.8%, $438.07 → $354.11 on Oct 1

Why it stands out

A board member of Tesla sold $786K of Tesla shares. It was planned long ago, so it says very little.

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Routine for them: 22 sales in the past year
4 insiders at Tesla sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jan 2, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 7, 2026

DirectorIndirect holding$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$785,865

Shares × reported transaction price

Timing vs results

on the day of results (Jan 2, 2026), 26 days before results of Jan 28, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $438.07 on Jan 2, 2026, 97% above its 52-week low and 11% below its high, after a 9% rise over the previous 30 trading days

52-week range $221.86 (Apr 8, 2025) to $489.88 (Dec 16, 2025), 81% of the way up, from 250 adjusted closes. 30 trading days earlier: $401.25 on Nov 18, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.8%	+0.1%	+1.7%
30 days	-4.7%	+0.1%	-4.9%
90 days	-19.6%	-4.4%	-15.3%
180 days	-2.7%	+8.9%	-11.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-26-001460
Filed / recorded: Jan 7, 2026, 12:00 AM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Tesla, Inc.
Issuer CIK: 1318605
Ticker: TSLA
Reporting person: James R Murdoch
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 2, 2026
Transaction code: S
Shares / units: 1,803
Price per share: $435.865
Acquired / disposed: Disposed (D)
Shares owned after: 635,228
Ownership form: Indirect — By JRM Rev. Trust
Amendment: No

Footnotes from the filing

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2025.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $435.360 to $436.320, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Around the same time

9mo ago

520KDerivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

Director sold ~$737K of Tesla

Scheduled in advance9mo ago

Director sold ~$1.32M of Tesla

Scheduled in advance9mo ago