Secretary John E Denneen purchases 3,249 shares of RMT at $13.97; holdings increase 65.2% to 8,232 shares
John E Denneen, the company's Secretary, made a substantial open-market purchase of 3,249 shares at $13.97 on 2026-06-01, increasing his holdings by 65.2% from 4,983 to 8,232 shares. The transaction occurred near the upper end of the 52-week trading range ($8.66–$14.25), with the stock currently priced at $14.23. The buy timing coincides with positive recent momentum—the stock is up 6.4% over 30 days and 14.8% over 90 days—suggesting the purchase followed rather than preceded the price appreciation. The material expansion of personal ownership stakes (from 5.0K to 8.2K shares) warrants attention to whether this reflects evolving conviction or other motivations.