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PAAC Proem Acquisition Corp. I Insider Trading

2 filings analyzed · Latest 2026-03-04
Insider buys
2
Insider sells
0
Unique insiders
2
Direction
Net buying
March 2026
2026-03-04
low
Chief Executive Officer
292,500 shares
Significance 3/10

CEO Khan Imran bought 292,500 shares of PAAC on 2026-02-13 for $0.00; holdings increase to 4.63M shares

Khan Imran, Chief Executive Officer of Proem Acquisition Corp. I, acquired 292,500 shares on 2026-02-13 at a transaction price of $0.00, increasing his holdings from 4,333,333 shares to 4,625,833 shares (+6.8% vs pre-transaction holdings). The zero-dollar valuation indicates this was likely a non-cash transaction such as a stock award, option exercise, or equity grant rather than a discretionary open-market purchase. Across his prior open-market trading history (20 sells), Khan's average 30-day return was -3.4%, but this metric is not directly applicable to evaluating a zero-value acquisition that may reflect scheduled compensation or performance vesting rather than a market timing decision. The material increase in CEO ownership should be considered in the context of the transaction mechanism.

2026-03-04
low
292,500 shares
Significance 3/10

Proem SPAC Partners I LLC increases stake in PAAC to 4,625,833 shares (+6.8%)

Proem SPAC Partners I LLC, a 10% owner, purchased 292,500 shares at no monetary value on 2026-02-13, raising its holdings from 4,333,333 shares to 4,625,833 shares. The zero-dollar transaction price indicates this is likely a non-cash transaction (such as a stock dividend, spin-off, or securities issued as part of a reorganization or capital structure adjustment) rather than a market purchase. The 6.8% net increase in holdings reflects an addition to the entity's position in the SPAC, though the non-monetary nature of the transaction limits inference about market conviction or valuation assessment.

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