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LMFA LM FUNDING AMERICA, INC. Insider Trading

Latest: CFO Bought $29K of Shares · May 2026

LM FUNDING AMERICA, INC. (LMFA)'s reported leadership includes CEO Bruce Rodgers. Its Form 4 history breaks down as 2 buys and 0 sells, filed by 2 distinct insiders through May 2026. Its highest-significance filing in the last 90 days: CFO Russell Richard D. bought $29K, transaction dated May 2026.

2 filings analyzed · Latest 2026-05-20

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Buys
2
Sells
0
Insiders
2
Direction
Net buying

LM FUNDING AMERICA, INC. leadership

CEO
Bruce Rodgers — Chief Executive Officer
CFO
Richard Russell — Chief Financial Officer
Chair
Bruce M. Rodgers — Chairman of the Board
High conviction

This is a high-conviction signal — the insider is a first-time or occasional buyer, historically the strongest subset. Such buys have outperformed the S&P 500 by a median ~3% over the 30 days after the trade (n ≈ 3,001, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-20
high
Chief Financial Officer
131,600 shares
$29,215
@ $0.22
Significance 4

CFO Russell Richard D. buys 131,600 shares of LMFA at $0.22; stock down -95.7% from 52-week high amid heavy losses.

Russell Richard D., Chief Financial Officer of LM Funding America, purchased 131,600 shares at $0.22 on 2026-05-19, increasing his holdings from 112.5K shares to 244.1K shares (+116.9%). This buy occurs while the company is unprofitable with a net loss of $-10.1M on quarterly revenue of $2.1M, and the stock has collapsed -95.7% from its 52-week high of $5.14. The stock has declined -23.2% over the past 30 days and -37.6% over 90 days. The CFO's cross-ticker track record shows only 1 prior buy, providing limited evidence of systematic pattern. The timing of this acquisition during severe price deterioration and ongoing financial losses warrants examination of whether the insider possesses non-public information about operational recovery.

November 2024
2024-11-19
medium
10,000 shares
$25,764
@ $2.58
Significance 3

Director Graham buys 10,000 LMFA shares at $2.58; stock -50.8% from 52-week high, company unprofitable.

Director Andrew L. Graham purchased 10,000 shares of LM Funding America at $2.58 on 2024-11-15, more than tripling his holdings from 7,303 to 17,303 shares. This transaction occurs with the stock trading $2.80, down 50.8% from its 52-week high of $5.69 and down 8.8% over the past 30 days. The company's fundamentals present a challenging backdrop: net income for the latest quarter was $-4.7M against quarterly revenue of $1.3M, and the company was unprofitable over its most recent full fiscal year. Graham's own cross-ticker track record shows 6 prior open-market sales with a 100.00% well-timed rate and average 90-day return of -21.5%, indicating his prior sells have historically preceded stock declines. The 137% increase in his LMFA position at a depressed price level warrants scrutiny of whether this reflects director conviction or other factors, particularly given the company's negative profitability trajectory.

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