FTH CFO Brian C Stephenson buys 17,413 shares in 8 transactions for $405,920.62 post-IPO
Brian C Stephenson, who was CFO at the time, purchased 17,413 shares across 8 separate transactions on 2026-06-22 and 2026-06-23 for a combined $405,920.62, establishing an initial stake in Faeth Therapeutics following its recent listing 6 trading days prior. The purchases occurred at prices ranging from $20.23 to $25.91, with a blended average price of $23.31, and the current price stands at $24.54. This acquisition is noteworthy given the company's fundamental profile: Faeth reported net income of $-170,236,000.00 for its most recent full fiscal year, with a current market cap of $32,931,232.14, indicating the company is unprofitable. The pattern of multiple purchases at varying prices over two consecutive days during the early post-IPO phase warrants investor attention given the company's negative earnings backdrop.