Executive Officer Bernhard Olivier purchases 60,000 shares at blended average $36.63 for $2.2M; stock down -39.9% from 52-week high.
Bernhard Olivier executed 2 separate purchases totaling 60,000 shares for $2,198,098.54 at a blended average price of $36.63 on 2026-05-14. His post-transaction holdings reached 5,163,184 shares, representing a material absolute increase. The timing coincides with significant price weakness: the stock trades at $36.84, down -39.9% from its 52-week high of $61.29, while the 30-day trend shows modest recovery at +3.5% against steeper 90-day declines of -18.7%. The transaction size—60.0K shares—is substantial relative to daily trading volumes typical in the $10.9B market-cap range, and the accumulation during a period of elevated drawdown merits investor attention to the underlying business trajectory and management's assessment of intrinsic value at current levels.