CFO Andrew H Del Matto sold 49,875 shares of NTSK at $17.16 on 2026-01-06; stock now -31.6% from 52-week high amid quarterly net loss of $-453.1M.
CFO Del Matto sold 49,875 shares (49.9K shares) at $17.16 on 2026-01-06, reducing his holdings by 54.6% from 91,368 shares to 41,493 shares post-transaction. This sale is part of a series of three consecutive daily sells at NTSK (on 2026-01-05, 2026-01-02, and 2025-12-31), suggesting a structured reduction rather than a single opportunistic transaction. The context is concerning: the company reported a net loss of $-453.1M in the latest quarter against revenue of $184.2M, and the stock has declined 31.6% from its 52-week high of $25.79, with a 20.8% drop over the last 30 days. Note that this filing contains a derivative-conversion transaction; the Table I shares post-transaction do not represent the insider's total position, as derivative securities holdings are recorded separately in Table II.