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Data sources

Public disclosures only. Scores flag unusual patterns and are not evidence of wrongdoing. Not investment advice.

RH CHAIN…
OverviewFollow the MoneyDaily BriefLiveCongressCorporate InsidersGovernment MoneyPolitical InfluenceInstitutionsWashington NetworkFollow the PowerDisclosure ClockAI InvestigatorWatchlistConvergenceINSIDER AlphaSignal ledgerHistorical ReplayRobinhood ChainProofTradingTokenProAccountMethodologyMatch reviewLaunch readiness
01Overview02Follow the Money03Daily Brief04Live05Congress06Corporate Insiders07Government Money08Political Influence09Institutions10Washington Network11Follow the Power12Disclosure Clock13AI Investigator14Watchlist
ConvergenceINSIDER AlphaSignal ledgerHistorical ReplayRobinhood ChainProofTradingTokenProAccountMethodologyMatch reviewLaunch readiness
OverviewFollow the MoneyDaily BriefLiveCongressCorporate InsidersGovernment MoneyPolitical InfluenceInstitutionsWashington NetworkFollow the PowerDisclosure ClockAI InvestigatorWatchlistConvergenceINSIDER AlphaSignal ledgerHistorical ReplayRobinhood ChainProofTradingTokenProAccountMethodologyMatch reviewLaunch readiness
Data sources
SEC FORM 45h ago
HOUSE PTR5h ago
SEC 13F5h ago
ROBINHOOD CHAIN5h ago
SEC FORM 4/Open-market saleVerified data

Norsa Michele sold ZGN

Director · Ermenegildo Zegna N.V. · Ordinary Shares, nominal value Euro 0.02 per share

Side
SELL
Value
$47K
Shares
4,000
Price
$11.87
Executed
May 5, 2026
Disclosed
May 7, 2026
Disclosure timeline2 days from execution to publication · legal deadline 2 business days
May 5 executedMay 7, 2026 disclosed

ZGN · daily

Yahoo Finance chart API
▲Execution▼Disclosure●Material company filing●Other disclosed buy●Other disclosed sellUnofficial public endpoint; daily OHLCV, split-adjusted. Replace with a licensed feed for production.

Insider Score

Experimental signal
36/ 100 · ELEVATED
Methodology →
  • Transaction type+12 / 20

    Open-market sale

  • Relative size+1 / 25

    $47K reported value · 2.3% of prior position

  • Filing timing0 / 15

    Disclosed 2 business days after execution (deadline: 2)

  • Historical behavior+8 / 15

    First recorded trade by this actor in this security

  • Frequency & clustering+15 / 15

    5 other actors traded the same direction within 14 days

  • Market events0 / 10

    No material company filing within 60 days after the trade

    • The Insider Score measures how far a disclosure deviates from normal filing patterns. A high score is a prompt for research, not evidence of illegal insider trading.

    Other disclosed activity · ZGN

    ScoreActorSecuritySideValueExecutedDisclosedLagSourceEvidence
    20
    NM
    Norsa MicheleDirector
    ZGNErmenegildo Zegna N.V.
    Open-market sale
    		SELL$106K
    8,000 sh
    		Oct 27, 2026Oct 29, 2026
    traded Oct 27, 2026
    		+2dSEC FORM 4

    Evidence

    9
    SF
    Santhia Gian FrancoGroup Chief Financial Officer
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    15.6K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    53
    TA
    Tagliabue Gianluca AmbrogioActing Group CEO
    ZGNErmenegildo Zegna N.V.
    Open-market sale
    		SELL$251K
    19.1K sh
    		May 8, 2026May 11, 2026
    traded May 8, 2026
    		+3dSEC FORM 4

    Evidence

    39
    SA
    Sartori AlessandroArtistic Director
    ZGNErmenegildo Zegna N.V.
    Open-market sale
    		SELL$85K
    6,505 sh
    		May 8, 2026May 11, 2026
    traded May 8, 2026
    		+3dSEC FORM 4

    Evidence

    9
    SA
    Sartori AlessandroArtistic Director
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    31.5K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    13
    ZA
    Zegna di Monte Rubello AngeloCo-CEO of the ZEGNA brand
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    15.6K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    36
    ZA
    Zegna di Monte Rubello AngeloCo-CEO of the ZEGNA brand
    ZGNErmenegildo Zegna N.V.
    Open-market sale
    		SELL$25K
    1,935 sh
    		May 8, 2026May 11, 2026
    traded May 8, 2026
    		+3dSEC FORM 4

    Evidence

    13
    ZE
    Zegna di Monte Rubello EdoardoCo-CEO of the ZEGNA brand
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    31.5K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    43
    ZE
    Zegna di Monte Rubello EdoardoCo-CEO of the ZEGNA brand
    ZGNErmenegildo Zegna N.V.
    Open-market sale
    		SELL$224K
    17.0K sh
    		May 8, 2026May 11, 2026
    traded May 8, 2026
    		+3dSEC FORM 4

    Evidence

    9
    TA
    Tagliabue Gianluca AmbrogioActing Group CEO
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    47.3K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    17
    SA
    Sartori AlessandroArtistic Director
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    31.5K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    9
    ZA
    Zegna di Monte Rubello AngeloCo-CEO of the ZEGNA brand
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    15.6K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    17
    SF
    Santhia Gian FrancoGroup Chief Financial Officer
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    15.6K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    9
    ZE
    Zegna di Monte Rubello EdoardoCo-CEO of the ZEGNA brand
    ZGNErmenegildo Zegna N.V.
    Option exercise
    		M—
    31.5K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    43
    SF
    Santhia Gian FrancoGroup Chief Financial Officer
    ZGNErmenegildo Zegna N.V.
    Open-market sale
    		SELL$76K
    5,768 sh
    		May 8, 2026May 11, 2026
    traded May 8, 2026
    		+3dSEC FORM 4

    Evidence

    37
    TA
    Tagliabue Gianluca AmbrogioActing Group CEO
    ZGNErmenegildo Zegna N.V.
    Open-market purchase
    		BUY—
    47.3K sh
    		May 7, 2026May 11, 2026
    traded May 7, 2026
    		+4dSEC FORM 4

    Evidence

    Evidence

    Verified data

    Read directly from the primary public document; every field below is as reported by the filer.

    Source

    Document
    SEC Form 4
    Publisher
    U.S. Securities and Exchange Commission (EDGAR)
    Document ID
    0002116289-26-000005
    Machine-readable
    Structured copy

    Timestamps

    Event (reported)
    May 5, 2026
    Published
    May 7, 2026
    Ingested by INSIDER
    Nov 5, 04:00 UTC
    Last re-read
    Nov 5, 04:00 UTC

    Extracted facts

    Filer
    Norsa Michele
    Role
    Director
    Transaction
    Open-market saleAs filed: “S”
    Asset
    Ermenegildo Zegna N.V.
    Ticker
    ZGN
    Shares
    4,000
    Price per share
    $11.87
    Value
    $47,480
    Execution date (reported)
    May 5, 2026
    Owned after transaction
    166.3K shares
    Days from execution to publication
    2

    Calculation

    Value = shares × reported price per share

    • Shares: 4,000
    • Price: $11.87

    = $47,480

    What this establishes

    Norsa Michele filed this Form 4 reporting a open-market sale of ZGN on May 5, 2026. It became public on May 7, 2026. The filing establishes the reported transaction and the filer's stated role. It does not establish why the trade was made or what the filer knew.

    Extraction

    Method
    Form 4 XML
    Confidence
    1.00
    Director
    Norsa Michelecik:0002116289
    Issuer
    Ermenegildo Zegna N.V.cik:0001877787

    Revision history · 0

    No field has changed since this record was first ingested.

    Company events

    No records

    No material filings recorded for this issuer.