Former CFO Wright buys 3,800 shares at $5.15 after selling 29,444 shares at $0.00; stock down -29.6% in 30 days.
Wright Bradley J., who was CFO at the time of this filing, executed 2 separate purchases totaling 3,800 shares for $19,570.00 on 2026-05-15, both at $5.15 per share. This occurred immediately after disposing of 29,444 shares at $0.00 on 2026-05-13, resulting in a net purchase of 3,800 shares. The current price of $4.92 now sits -55.2% from the 52-week high of $10.97, and the stock has declined -29.6% over the past 30 days. Notably, his prior trades at PAL (3 buys on 2024-05-13) each posted +1.5% 30-day returns and +25.1% 90-day returns, all well-timed; however, those prior outcomes occurred under different market conditions. The company is currently unprofitable (net income $-6,490,101.00 on revenue of $93,689,669.00), adding fundamental context to the timing and scale of this repurchase. The near-zero proceeds from the sale and immediate repurchase within two days warrants evaluation of the transaction's motive and the insider's current association with the company.