Charles M Royce sold 131,004 shares at $12.49–$12.54 across 3 sales for $1,639,681.09
Charles M Royce executed 3 separate sales totaling 131,004 shares for $1,639,681.09 on November 10–12, 2025, at prices ranging from $12.49 to $12.54—within 0.4% of the current price of $12.52. The sales reduced his holdings by 16.9%, from 775,279 shares to 644,275 shares. Across all his open-market history (7 prior sells), Royce has achieved a 90-day well-timed rate of 100.00%, with an average 90-day return of -15.3% after his sales, meaning the stock typically declined after he sold. This filing continues that pattern of prior timing success. The stock is currently 5.2% below its 52-week high of $13.20 and has risen 0.2% over the past 90 days, providing context for the execution prices relative to the asset's recent performance.