RUM Rumble Inc. Insider Trading

Tether Global Investments (10% owner) buys 777,012 RUM shares for $4.2M across 3 days at $5.43 blended average.

Tether Global Investments Fund, as a 10% owner, executed 3 separate purchases totaling 777,012 shares for $4,220,297.83 at a blended average price of $5.43 between Feb 3–6, 2026, raising its stake from 104,397,003 to 105,174,015 shares. The timing is notable: the stock currently trades at $5.78, down 56.0% from its 52-week high of $13.13, suggesting the buyer acquired shares in a depressed market environment relative to recent history. The insider's prior three purchases at RUM (Nov 19–21, 2025) each showed strong 30-day positive returns (+26.4% to +28.1%), establishing a pattern of well-executed entry points at this specific ticker. However, RUM remains unprofitable with a net loss of $16,261,762.00 on quarterly revenue of $24,762,445.00, and the 30-day price momentum has turned negative (-12.6%), so this purchase is being immediately tested by market headwinds rather than benefiting from continued upside.

Tether Holdings purchases 1,063,670 shares of RUM at $5.43 avg; now owns 104,397,003 shares (10% stake)

Tether Holdings, a 10% owner, executed three separate purchases totaling 1,063,670 shares for $5,772,366.71 across November 19-21, 2025, at a blended average price of $5.43. The stock has declined 65.0% from its 52-week high and fallen 18.0% over the past 30 days, establishing a depressed price environment for the purchase window. The company remains unprofitable with a net income of $-16,261,762.00 on quarterly revenue of $24,762,445.00, though it has demonstrated annual revenue growth of 17.9%. The acquisition increases Tether's stake from 103,333,333 to 104,397,003 shares, a modest 1.0% addition to an already substantial majority position, suggesting a non-directional rebalancing or maintenance of ownership proportion rather than a significant confidence signal.

CCO Ramolo Claudio sells 6,269,731 shares (99.8% of holdings) for $47.0M at $7.50, retaining only 14,283 shares post-transaction

Ramolo Claudio executed 2 separate sales totaling 6,269,731 shares for $47,022,982.50 at a blended average price of $7.50 on 2025-02-07, reducing his holding from 6,284,014 shares to 14,283 shares. The stock currently trades at $11.17, 48.9% above the transaction price, indicating the insider sold at a discount to current levels. His cross-ticker track record shows 1 prior sell with a 90-day return of -22.7% that proved well-timed (stock fell afterward), but this prior RUM transaction on 2024-04-01 also exhibited identical -22.7% 90-day performance. Fundamentally, RUM generated $25.1M in quarterly revenue with a -$31.5M net loss, showing ongoing unprofitability despite 105.6% annual revenue growth. The material reduction in insider holdings warrants monitoring of the company's operational trajectory and insider confidence signals.

CTO Hlibowicki sells 6,913,967 shares at $7.50, reducing stake to 4,592 shares; stock up 81.6% in 90 days but down 31.4% from 52-week high.

Wojciech Hlibowicki, Chief Technology Officer, executed 2 separate sales totaling 6,913,967 shares for $51,854,752.50 on 2025-02-07, reducing his holdings from 6,918,559 shares to 4,592 shares post-transaction. The transactions occurred at $7.50 per share, which is 32.8% below the current price of $11.17, suggesting the stock has appreciated significantly since the sale date. While the stock is up 81.6% over the 90-day period and up 1.9% over 30 days, it remains down 31.4% from its 52-week high of $16.27. The company is currently unprofitable with net income of $-31,539,413.00 on quarterly revenue of $25,056,904.00, though it is experiencing strong annual growth at +105.6%. The filing involves a derivative conversion per Form 4 Table II, so the reported post-transaction holdings do not represent the insider's complete position; investors should review the derivative securities table for full position transparency.

Director Arsov Robert sold 12,350,025 shares (70.6% of holdings) at $7.50 on 2025-02-07 for $92,625,187.50

Director Arsov Robert executed a substantial divestiture of 12,350,025 shares at $7.50, reducing his stake from 17,499,591 to 5,149,566 shares. This represents a -70.6% reduction in holdings, one of the most significant director liquidations. The timing merits scrutiny given that the stock has risen 81.6% over 90 days and is currently trading at $11.17, well above the $7.50 transaction price, suggesting the sale occurred during a period of positive momentum. Against this backdrop, Rumble remains fundamentally challenged: the company generated $25,056,904.00 in quarterly revenue but posted a -$31,539,413.00 net loss, underscoring persistent unprofitability despite 105.6% annual revenue growth. A director unloading 70% of holdings while the company operates at substantial losses raises questions about conviction in the business trajectory and warrants review of whether additional insider activity or balance-sheet developments provide context for the divestiture.

Director Ryan Milnes sold 24,978,210 shares of RUM at $7.50 on 2025-02-07 for $187,336,575.00

Director Ryan Milnes sold 24,978,210 shares (24.98M shares) at $7.50 on 2025-02-07, representing conversion of derivative securities rather than a complete position exit. The $187,336,575.00 transaction occurs at a price 32.8% below the current market price of $11.17 and 53.9% below the 52-week high of $16.27, suggesting the derivative conversion was likely triggered by contractual terms rather than discretionary timing. At same-ticker RUM, Milnes's prior two sales (2023-12-07 and 2023-11-27) were not well-timed, with subsequent 90-day returns of +54.7% and +44.1% respectively, indicating the stock rose after those sales. The company's fundamentals remain mixed: annual revenue growth stands at +105.6%, but the firm reported a net loss of $31,539,413.00 on quarterly revenue of $25,056,904.00 and was unprofitable over its most recent full fiscal year. Investors should verify the insider's complete derivative holdings in Form 4 Table II to assess remaining exposure.

CEO Christopher Pavlovski sells 9,991,283 shares at $7.50 for $74.9M; retains 95.79M shares

Christopher Pavlovski, CEO of Rumble Inc., executed 2 separate sales totaling 9,991,283 shares at $7.50 for $74,934,622.50 on 2025-02-07, reducing his holdings by 9.4%. The sale was conducted at a 32.9% discount to the current price of $11.17, yet the stock has appreciated 81.6% over the past 90 days and remains 30.4% below its 52-week high of $16.27. Rumble reported revenue of $25,056,904 in the latest quarter with annual revenue growth of 105.6%, but the company posted a net loss of $31,539,413 and remains unprofitable on a full-year basis. The transaction involved a conversion of derivative securities (Form 4 Table II), meaning Pavlovski's actual economic position extends beyond the Table I share count displayed post-transaction.

RUM CFO Brandon Alexandroff sells 8,872,259 shares for $66.5M; posts-transaction holdings reduced to 64.2K shares

Brandon Alexandroff, the company's CFO, executed 2 separate sales totaling 8,872,259 shares for $66,541,942.50 at $7.50 per share on 2025-02-07. His holdings fell from 8,936,469 shares to 64,210 shares, representing a -99.3% reduction in his pre-transaction position. The sale price of $7.50 sits 31.4% below the 52-week high of $16.27 and 33% below the current price of $11.17, suggesting the transaction did not occur at peak valuations. RUM's fundamentals show the company unprofitable on a full-year basis (net income of $-31,539,413.00) despite strong revenue growth of +105.6% year-over-year; this operational context may inform the timing of a large equity reduction by a top finance executive. Across his prior open-market activity (1 prior sell), Alexandroff's 90-day outcomes showed a well-timed rate of 100.00%, though this cross-ticker track record includes only one historical sale at RUM (dated 2024-04-01) with a 90-day return of -20.7%, consistent with downside movement after the sale.

COO Hughes Tyler sold 312,727 shares of RUM at $7.50 (Feb 7), reducing stake 82.8% to 65,127 shares remaining.

Hughes Tyler, as Chief Operating Officer, executed a substantial sale of 312,727 shares at $7.50 on February 7, 2025, disposing of 82.8% of his pre-transaction holdings and retaining only 65,127 shares. The sale occurred when RUM was trading at $7.50, well below the current price of $11.17 and significantly below the 52-week high of $16.27. This concentrated divestiture by a senior executive at the company, which posted negative net income of $-31,539,413.00 in its most recent fiscal year despite strong revenue growth of +105.6%, represents a material shift in insider exposure. The sharp reduction in executive-held equity at a company still operating at a significant loss warrants investor scrutiny of the underlying business fundamentals and management's confidence in the current trajectory.