Director Kathleen Skarvan sold 40,000 shares (40.0K) for $1,419,358.25 on 2026-05-15, reducing holdings by 52.9%
Kathleen Skarvan executed 4 separate sales totaling 40,000 shares for $1,419,358.25 at prices ranging from $34.36 to $37.33, reducing her holdings from 75,622 shares to 35,622 shares. Her prior 5 sales at ELMD all showed negative 90-day returns, with outcomes of -24.9%, -24.6%, -39.0%, -39.2%, and -40.9%, and 5 of 5 prior sells were well-timed at the 90-day mark. The current stock price of $38.37 sits at -0.9% from the 52-week high of $38.71, after appreciating 47.2% over the past 30 days and 54.7% over 90 days. The substantial reduction in her equity stake, combined with the historical pattern at this ticker and the recent sharp price appreciation, warrants attention from investors monitoring director-level activity.