FSP FRANKLIN STREET PROPERTIES CORP /MA/ Insider Trading

Director Schanzer bought 43,311 shares of FSP at $1.89 on 2024-12-13, extending a sequence of three purchases in three days.

Schanzer, a director at Franklin Street Properties, purchased 43,311 shares at $1.89 on 2024-12-13, the third consecutive daily purchase (prior buys on 2024-12-12 and 2024-12-11). His total holdings now stand at 3,489,374 shares. The company remains unprofitable with net income of $-7,552,000.00 (latest quarter) and annual revenue declining 12.0% year-over-year. The stock currently trades at $2.08, up 13.7% over 30 days and 20.9% over 90 days, but remains 22.7% below its 52-week high. The concentrated timing—three buys in as many days—is notable in the context of recent price recovery, though measurable outcomes on the two most recent same-ticker purchases are not yet available.

President & CIO Carter buys 18,500 shares (18.5K) at $2.12 in FSP, first open-market purchase; company unprofitable with -12.0% annual revenue decline

Carter Jeffrey B, President & CIO, made an inaugural open-market purchase of 18,500 shares (18.5K shares) at $2.12 on 2024-12-16, building a new position where he previously held zero shares. The transaction occurs within a deteriorating financial backdrop: FRANKLIN STREET PROPERTIES reported a net income of $-7,552,000.00 ($-7.6M) over its most recent full fiscal year and recorded quarterly revenue of $29,682,000.00 ($29.7M) against an annual revenue growth of -12.0% year-over-year. While the stock has appreciated 14.2% over the trailing 30 days and 20.1% over 90 days, it remains 22.3% below its 52-week high of $2.69 and trades at $2.09 (versus the $2.12 purchase price), indicating recent but modest gains. An insider acquisition by a top-ranking officer in an unprofitable company experiencing revenue contraction warrants attention to understand the rationale behind deploying capital at this juncture.

Director Schanzer Bruce J bought 151,189 shares at blended $1.88 (Dec 11-12), growing holdings 4.6% to 3.45M shares amid revenue decline and losses

Director Schanzer Bruce J executed 2 separate open-market purchases totaling 151,189 shares for $284,104.77 on December 11-12 at prices near the current market level ($1.88 blended vs $2.01 current). The purchase added 151,189 shares to his existing 3.29M-share position, representing a 4.6% increase in holdings. This occurs in the context of deteriorating fundamentals: the company posted a $-7.6M net loss in the latest quarter, annual revenue declined 12.0%, and the stock trades 25.3% below its 52-week high. The director's prior transaction history contains only 1 prior buy, offering limited pattern context for this accumulation.