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
Sep 10, 2025 Buy	Common Stock, par value $0.01 per share A-Award	Multicoin Capital Management, Llc Director By Deputization	Director	1 351 352 Value: $25.0M
Sep 10, 2025 Buy	Common Stock J-Other	Multicoin Capital Management, Llc Insider	Other	0 Value: $0
Sep 08, 2025 Buy	Common Stock A-Award	Shah Sangita Director	Director	50 000 Value: $925.0K
Sep 08, 2025 Buy	Stock Options (Right to Buy) A-Award	Hrynkow Sharon Hemond Director	Director	45 000 Value: $832.5K
Sep 08, 2025 Buy	Stock Options (Right to Buy) A-Award	Pruitt Michael D Chief Executive Officer	CEO / President	90 000 Value: $1.67M
Sep 08, 2025 Buy	Stock Options (Right to Buy) A-Award	Weisberg Kathleen Chief Financial Officer	C-Suite Officer	45 000 Value: $832.5K
Jun 01, 2025 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	12 147 Value: $77.4K
Jun 01, 2025 Buy	Stock Options (Right to Buy) A-Award	Johnson Keith J Director	Director	12 147 Value: $77.4K
Jun 01, 2025 Buy	Stock Options (Right to Buy) A-Award	Hrynkow Sharon Hemond Director	Director	12 147 Value: $77.4K
May 16, 2025 Buy	Common Stock J-Other	Johnson Keith J	Director	0 Value: $0
Mar 18, 2025 Sell	Common Stock, par value $0.01 per share D-Return	Multicoin Capital Management, Llc 10 Percent Owner	10% Owner	6 164 324 Value: $27.4M
Feb 01, 2025 Buy	Stock Options (Right to Buy) A-Award	Pruitt Michael D Director	Director	13 779 Value: $82.8K
Feb 01, 2025 Buy	Common Stock J-Other	Pruitt Michael D	Director	0 Value: $0
Oct 01, 2024 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	24 010 Value: $89.6K
Oct 01, 2024 Buy	Stock Options (Right to Buy) A-Award	Hrynkow Sharon Hemond Director	Director	24 010 Value: $89.6K
Jul 05, 2024 Buy	Series A-1 Convertible Preferred Stock A-Award	Terence Bernard Wise Chief Executive Officer	CEO / President	1 700 Value: $12.8K
Oct 01, 2023 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	110 803 Value: $84.2K
Oct 01, 2023 Buy	Stock Options (Right to Buy) A-Award	Hrynkow Sharon Hemond Director	Director	110 803 Value: $84.2K
Oct 01, 2023 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W Director	Director	110 803 Value: $84.2K
Jul 01, 2023 Buy	Common Stock J-Other	Weisberg Kathleen Officer	Officer	0 Value: $0
May 31, 2023 Buy	Stock Options (Right to Buy) A-Award	Hrynkow Sharon Hemond Director	Director	41 580 Value: $42.8K
May 31, 2023 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W Director	Director	41 580 Value: $42.8K
May 31, 2023 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	41 580 Value: $42.8K
May 25, 2023 Buy	Common Stock P-Purchase	Shah Sangita Director	Director	3 000 Value: $3K
May 24, 2023 Buy	Common Stock P-Purchase	Shah Sangita Director	Director	400 Value: $408

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