MATHER ANN

The archive layer is a museum of 2000s and 2010s tech boards. The oldest and strangest exhibit is Pixar: 36 transactions, all stamped March 19, 2004, disposing of 125,000 shares in one recorded burst — a CFO chapter compressed into a single day of filings. Google follows: 126 filings from 2005 to 2015 (29,715 shares sold), then a further 107 under the post-2015 Alphabet entity (25,102 sold) before that record ends in October 2023. Glu Mobile is the volume champion — 408,625 shares sold across thirteen years, more than half of everything she has ever disposed of. Arista Networks (39,897 sold, ending May 2022), Shutterfly (28,991, ending 2019), Airbnb (36,766 across ten filings ending August 2021), MoneyGram, Central European Media, Solazyme — each seat opens, produces its equity flow, and closes cleanly when the directorship or the listing ends.

Three seats are alive in 2026, each at a different lifecycle stage. Netflix, held since 2010, is deep in its mature phase: 467 filings, 56,676 shares sold, and a current cadence of first-of-month grants whose dollar value holds near $62,500 while the share count climbs — 654 shares at $95.55 in April, 679 at $92.06 in May, 728 at $85.85 in June, 842 at $74.19 in July 2026. Beneath the metronome sits one denser sequence: on June 5, 2025 she exercised five option layers in a single session at strikes laddering from $290.30 through $317.38, $338.38, and $363.60 up to $381.43 — years of grant vintages converted at once. Bumble is mid-cycle and instructive: the June 2025 annual grant was 44,026 shares; the June 2026 grant was 77,580. A retainer that nearly doubles in share count — at a stock whose only priced row in this payload is a $5.32 sale — is compensation being resized against price weakness, and it mechanically inflates raw 'insider acquisition' counts at exactly the wrong moment to read them as appetite. Pattern Group is the newborn: first rows in June 2025, twin 36,810-share code-J reclassifications that September, and by May-June 2026 the first sales, 5,301 shares at $16.51 and 3,755 at $20.21. From first grant to first disposition in under a year — the pipeline's full cycle, miniaturized.