AADX Applied Aerospace & Defense, Inc. Insider Trading

Director Susan D Lynch buys 8,000 AADX shares at $20.00 in private placement (IPO allocation)

Susan D Lynch, a Director, purchased 8,000 shares at $20.00 in a private placement or IPO allocation on 2026-06-04, one trading day after AADX's recent listing. The transaction represents a 0-to-8,000 share position build from zero. While 3 other insiders also purchased shares within the past 14 days, this cluster activity is consistent with standard IPO allocation patterns rather than discretionary conviction-driven buying—insiders typically receive IPO shares as part of their underwriting agreements or equity grants at listing. The $18.60 current price and the minimal trading history (1 trading day) make period-comparative analysis premature. The primary signal here is the participation pattern at IPO, not a disclosure of material business insight.

CFO Jeffrey L. McRae acquires 25,000 shares at $20.00 in AADX private placement allocation ($500,000.00)

Jeffrey L. McRae, Chief Financial Officer of Applied Aerospace & Defense, Inc., acquired 25,000 shares at $20.00 on 2026-06-04 for a total value of $500,000.00 as part of a private placement allocation, not a discretionary open-market purchase. This transaction establishes his initial shareholding of 25,000 shares following the company's recent listing (1 trading day old as of the transaction date). The current price as of 2026-06-04 was $18.60, indicating the private-placement price of $20.00 was set above the initial market price. As a non-discretionary allocation in connection with the IPO, this transaction reflects mandatory or standard equity participation rather than an independent buying decision.

Director Scott Goldstein acquired 500 shares of AADX at $20.00 in IPO allocation, bringing holdings to 4,750 shares.

Scott Goldstein, a Director, purchased 500 shares at $20.00 on 2026-06-04 as part of a private placement or IPO allocation, not a discretionary open-market transaction. His post-transaction holdings of 4,750 shares represent an 11.8% increase from the prior level of 4,250 shares. The current market price of $18.60 reflects early trading approximately 1 trading day after listing, making near-term price comparisons uninformative. This transaction reflects a structured allocation to the insider at the IPO price, not a signal of independent market conviction or timing strategy.

Director James C Katzman bought 25,000 shares of AADX at $20.00 ($500.0K) in private placement allocation, post-IPO.

James C Katzman purchased 25,000 shares at $20.00 in a private placement allocation on 2026-06-04, just 1 trading day after AADX's recent listing. His post-transaction holdings are 29,250 shares, compared to 4,250 shares pre-transaction. Two other insiders also bought within the past 14 days, establishing a cluster buy pattern. However, this transaction is structured as a private placement allocation rather than a discretionary open-market purchase, so the activity reflects participation in a scheduled offering rather than an independent assessment of market price relative to value.