President/CSO Stephen Connelly sells 230,975 shares of EQ in 2 transactions for $723,829.60; stock at $2.94 vs 52-week high of $3.45
Stephen Connelly, President and CSO, executed 2 separate sales totaling 230,975 shares for $723,829.60 on June 4–5, 2026, reducing his holdings from 993,000 shares to 762,025 shares. The company is unprofitable with a net income of $-5,311,000 for the most recent full fiscal year, though it posted annual revenue growth of +13.9%. The stock is trading at $2.94, which is -14.8% from the 52-week high of $3.45. The timing of this large stake reduction by a senior executive warrants investor scrutiny given the company's underlying profitability challenges, despite recent positive near-term price momentum (+35.5% over 30 days, +66.1% over 90 days).