BINI MULLEN AUTOMOTIVE INC. Insider Trading

10% owner Winvest sold 29,589 shares at $0.68 vs bought 27,900 at $0.54; net -1,689 shares. Stock now $0.14 (-99.3% in 30 days).

Winvest Investment Fund Management Corp., a 10% shareholder of BINI, executed 2 transactions on 2025-10-10: purchased 27,900 shares at $0.54 for $14,979.51 and sold 29,589 shares at $0.68 for $20,014.00, resulting in a net reduction of 1,689 shares to a post-transaction holding of 50,411 shares. This activity occurred against a backdrop of severe price deterioration: the stock has declined 99.3% over the past 30 days and currently trades at $0.14, down from a 52-week high of $4037.50. The company is deeply unprofitable with a net loss of $-129.7M in the most recent fiscal year and a minimal market cap of $644.7K, while Winvest's cross-ticker track record shows an exceptional 100% win rate at 90 days across 4 prior buys. The near-simultaneous buy and sell at different price points ($0.54 and $0.68) suggests tactical trading rather than directional conviction, though the modest net share reduction (-3.2% of pre-transaction holdings) indicates limited position adjustment. Context is critical: the extreme price collapse and unprofitability raise questions about whether the transaction reflects any meaningful signal given the company's operational distress and the dramatic valuation erosion that has already occurred.

10% owner HRT Financial LP sold 2,012,436 shares at $0.08; net reduced holdings by 52.1%

HRT Financial LP executed 1 purchase of 546,706 shares and 1 sale of 2,012,436 shares on consecutive days at $0.08, reducing its stake from 2,812,774 shares to 1,347,044 shares—a net reduction of 52.1%. The transaction occurred against a backdrop of severe price deterioration: MULN has declined 96.8% over the prior 30 days and 99.9% over 90 days from a 52-week high of $409,800,000.00. The company's fundamentals remain challenged: most recent quarterly revenue stood at $2,920,485.00 while net income was negative $114,888,557.00, and the company remains unprofitable on a full-year basis despite 199.0% annual revenue growth. Across HRT Financial's cross-ticker trading history, prior sales have posted a 28.57% well-timed rate (well-timed meaning the stock fell afterward), suggesting limited predictive value in its prior disposal activity at other securities for interpreting this particular transaction.

Chief Accounting Officer Chester A. Bragado sells entire 2,738 share stake (100% of holdings) for $1,262,398.62 as stock plummets -99.9% from 52-week high

Chester A. Bragado, Chief Accounting Officer at Mullen Automotive, executed 2 separate sales totaling 2,738 shares for $1,262,398.62 on 2024-05-20, completely liquidating his shareholding and reducing his post-transaction holdings to zero shares. This total liquidation occurred amid severe stock deterioration: the company's stock is trading at -99.9% from its 52-week high, down -88.0% over 90 days, and down -51.7% over the preceding 30 days. The fundamental backdrop is deeply concerning—Mullen reported only $65,235.00 in latest quarterly revenue, a net loss of $-87,360,817.00, and has been unprofitable over its most recent full fiscal year. A complete elimination of insider holdings by a top accounting officer carries material weight, particularly when combined with such deteriorated financial metrics and stock price performance.