GROW U S GLOBAL INVESTORS INC Insider Trading

10% owner Gator Capital bought 38,293 shares for $98,312.60 at avg $2.57; stock down -29.0% YTD, company negative full-year net income.

Gator Capital Management, LLC, a 10% owner of U.S. Global Investors, executed 9 separate purchases totaling 38,293 shares for $98,312.60 between May 1-28, 2026, at a blended average price of $2.57. The purchases occurred during a period when the stock was trading near 52-week lows (current price $2.59, down -29.0% from 52-week high of $3.65) and the company's fundamentals deteriorated materially: annual revenue declined -23.0%, the company was unprofitable over its most recent full fiscal year, and 90-day price performance stands at -21.8%. The accumulation raised the 10% owner's stake by 38,293 shares (+3.6% relative to pre-transaction holdings), moving from 1,062,474 to 1,100,767 shares post-transaction. This represents continued concentration by a significant shareholder in a micro-cap ($27.2M market cap) with negative earnings momentum.

Insider Pilecki bought 38,293 shares of GROW at blended avg $2.57 across 9 trades May 1–28; now holds 1.10M shares.

Derek Steven Pilecki executed 9 separate purchases totaling 38,293 shares for $98,312.60 between May 1 and May 28, 2026, at prices ranging from $2.55 to $2.63. The scale of accumulation—adding 38,293 shares to an existing position of 1,062,474 shares—represents a 3.6% increase in holdings. The purchasing window coincided with a 90-day price decline of -21.8%, with the stock currently trading at $2.59, down -29.0% from its 52-week high of $3.65. The company's fundamentals remain challenged: full-year net income was negative, annual revenue growth was -23.0%, and latest quarterly net income was reported despite a revenue base of only $2.8M, raising questions about sustainability. The concentrated pace of buying in the final week (23,910 shares on May 21 alone) during a period of significant downward price momentum warrants examination of whether these purchases reflect confidence in value or other considerations.