NYSEARCA:FWDI

Advisorshares Madrona International Etf Stock Insider Trading

*Your capital is at risk

$4.24

-0.0900 (-2.08%)

At Close: Aug 10, 2026

ADVISORSHARES MADRONA INTERNATIONAL ETF Stock Insider Power

Based on the 100 latest insides trades, we have calculated the insider power to be positive at 81.27. In total, the insiders bought 28.03M and sold 6.26M FWDI shares in the last 100 trades. The insider score can be negative despite buy/sell ratio being positive. The score focuses on the quality of the trades.

Insider Power (Last 100 transactions)	81.27
● Buy	28.03M shares
● Sell	6.26M shares
86% Buy Activity Strong Negative Correlation
Buy Signal High Confidence May 05, 2026 Analysis Breakdown: Strongly supported by a very high Insider Power Score of 81.27. Confidence increased due to high data reliability score of 90. Supported by overwhelming buy-side pressure (86% buys).

Historical Insider Trades

Date	Type	Person	Role	Amount
Jul 14, 2026 Buy	Common Stock	Ashe Michael Lawrence Director	Director	0 Value: $0
May 19, 2026 Buy	Common Stock P-Purchase	Pruitt Michael D Chief Executive Officer	CEO / President	500 Value: $2K
May 05, 2026 Buy	Common Stock J-Other	Samani Pyahm Director	Director	1 783 519 Value: $7.90M
Apr 30, 2026 Buy	Common Stock Purchase Warrant J-Other	Samani Pyahm Director	Director	4 458 796 Value: $44.6K
Apr 16, 2026 Buy	Common Stock A-Award	Brazier Mark Christopher Chief Financial Officer	C-Suite Officer	275 000 Value: $1.31M
Apr 16, 2026 Buy	Stock Options (Right to Buy) A-Award	Brazier Mark Christopher Chief Financial Officer	C-Suite Officer	275 000 Value: $1.31M
Apr 13, 2026 Buy	Common Stock J-Other	Brazier Mark Christopher Officer	Officer	0 Value: $0
Mar 10, 2026 Buy	Stock Options (Right to Buy) A-Award	Pruitt Michael D Chief Executive Officer	CEO / President	100 000 Value: $502.0K
Mar 10, 2026 Buy	Stock Options (Right to Buy) A-Award	Johnson Keith J Director	Director	150 000 Value: $753.0K
Mar 10, 2026 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	150 000 Value: $753.0K
Mar 08, 2026 Buy	Stock Options (Right to Buy) A-Award	Weisberg Kathleen Chief Financial Officer	C-Suite Officer	50 000 Value: $241.5K
Mar 08, 2026 Buy	Common Stock A-Award	Navi Ryan David Chief Investment Officer	Officer	382 085 Value: $1.62M
Mar 08, 2026 Buy	Stock Options (Right to Buy) A-Award	Navi Ryan David Chief Investment Officer	Officer	352 694 Value: $1.50M
Mar 08, 2026 Buy	Stock Options (Right to Buy) A-Award	Quinn Georgia P General Counsel	Officer	293 912 Value: $1.25M
Mar 08, 2026 Buy	Common Stock A-Award	Quinn Georgia P General Counsel	Officer	293 911 Value: $1.25M
Mar 03, 2026 Buy	Common Stock J-Other	Sharma Saurabh	Director	0 Value: $0
Mar 03, 2026 Buy	Common Stock	J Digital 6 Cayman Ltd. Director By Deputization	Director	0 Value: $0
Mar 03, 2026 Buy	Common Stock	J Digital 6 Cayman Ltd. Director By Deputization	Director	0 Value: $0
Mar 03, 2026 Buy	Warrant	J Digital 6 Cayman Ltd. Director By Deputization	Director	4 458 796 Value: $44.6K
Dec 19, 2025 Buy	Common Stock P-Purchase	Navi Ryan David Chief Investment Officer	Officer	10 000 Value: $70.8K
Dec 15, 2025 Buy	Common Stock P-Purchase	Pruitt Michael D Chief Executive Officer	CEO / President	1 000 Value: $7K
Dec 01, 2025 Buy	Common Stock J-Other	Navi Ryan David Officer	Officer	0 Value: $0
Nov 17, 2025 Buy	Common Stock J-Other	Quinn Georgia P Officer	Officer	0 Value: $0
Sep 10, 2025 Buy	Common Stock, par value $0.01 per share A-Award	Multicoin Capital Management, Llc Director By Deputization	Director	7 947 843 Value: $0.15B
Sep 10, 2025 Buy	Pre-Funded Warrants A-Award	Multicoin Capital Management, Llc Director By Deputization	Director	4 458 796 Value: $44.6K

About Insider Power

Insider Power is a proprietary algorithm developed by StockInvest.us to evaluate the significance of insider transactions. The calculation considers the size, type, and timing of transactions, as well as the insider’s role within the company.

It is important to note that, in general, there is little to no correlation between insider transactions and short-term stock price movements. In one of our studies, only 0.22%^* of stocks with insider activity showed a measurable correlation — and even then, it was unclear whether the effect was caused by insider actions or simply by the stock’s broader trend.

While our algorithms are designed to highlight potentially meaningful signals, these cannot be regarded as statistically significant on their own. Insider trading activity should therefore be seen as informative rather than as direct trading guidance. The Insider Power metric was created to present this information in a clearer and more accessible way, helping investors better understand the possible context of insider activity.

* October 6th, 2025 - Tested on 5562 stocks