CEO Wagner purchases 812,956 shares at $4.00 amid 66% decline from 52-week high; increases stake to 47.79M shares
CEO Daniel Maurice Wagner executed 2 separate purchases totaling 812,956 shares for $3,251,824.00 at $4.00 per share on 2026-04-02, increasing his post-transaction holdings to 47,785,117 shares. The stock currently trades at $2.60, a level 66.3% below its 52-week high of $7.72 and representing material deterioration since the purchase. This insider purchase at $4.00 occurs against a backdrop of significant recent underperformance, with the stock declining 17.2% over the prior 90 days, though it has recovered 1.2% in the most recent 30-day period. The filing presents a discrete data point on capital allocation by the company's chief executive without ancillary FLAGS or context indicating whether this represents discretionary conviction or a scheduled trading arrangement.