TLYS TILLY'S, INC. Insider Trading

10% owner Shay Capital LLC sold 1,025,000 TLYS shares at $2.55 (March 2026)

Shay Capital LLC, a 10% shareholder in Tilly's, disposed of 1,025,000 shares (30.5% of pre-transaction holdings) at $2.55 per share on 2026-03-12, reducing its stake to 2,335,000 shares. The sale occurred amid a company with fundamental headwinds: annual revenue declined 8.6% year-over-year, net income was negative at $-1,407,000 for the latest quarter, and the company remains unprofitable on a full-year basis. The timing is notable given that the stock has risen +95.7% over 30 days and +50.3% over 90 days—a significant run-up that preceded this large reduction by a substantial owner. While the insider's cross-ticker track record shows 73.33% accuracy on 90-day outcomes with an average 90-day return of +42.5%, his prior five trades at Tilly's show mixed execution: only 1 of 5 prior buys generated a positive 90-day return, suggesting limited predictive power at this specific ticker. The reduction of a material stake by a large shareholder during a strong price recovery in an unprofitable, declining-revenue environment warrants investor attention to capital allocation dynamics.

10% Owner Shay Capital LLC purchases 60,000 shares across 2 trades (Aug 8–11) at blended $1.37, amid stock down 78.0% from 52-week high.

Shay Capital LLC, a 10% shareholder, made 2 separate purchases totaling 60,000 shares for $82,078.50 at an average price of $1.37 on August 8 and August 11, 2025. This represents a 1.8% increase in holdings to 3,360,000 shares. The stock is currently trading at $1.30, down 78.0% from its 52-week high of $5.90 and down 11.6% over the past 30 days, though it has recovered 89.7% over 90 days. The underlying company faces headwinds: it reported negative net income of $-22,152,000.00 on revenue of $107,611,000.00 and annual revenue contraction of -8.6%, making it unprofitable over the most recent full fiscal year. Prior trades by this insider at TLYS (5 within the past two months) showed 30-day gains of 27.0% and 22.1% on earlier June purchases, but the pattern of frequent small purchases in depressed conditions within an unprofitable company merits observation against a minimal market-cap context ($15.6M).

10% owner Shay Capital LLC purchases 100,000 shares across 3 days at $1.95 avg, expanding stake to 3.30M shares amid unprofitable operations.

Shay Capital LLC, a 10% owner of Tilly's Inc., executed 3 separate open-market purchases totaling 100,000 shares for $195,487.50 between July 28–30, 2025, raising its stake to 3,300,000 shares (a +3.1% increase from the prior 3,200,000 shares). The blended average purchase price was $1.95, notably above the current price of $1.84 (a -5.6% move since purchase). The company is unprofitable, with net income of $-22,152,000.00 on quarterly revenue of $107,611,000.00, and annual revenue declined -8.6% year-over-year. Within Shay Capital's prior 5 trades at Tilly's, all measurable 30-day outcomes were positive (ranging +12.2% to +43.2%), though none of the earlier transactions have yet reached the 90-day mark. Across the insider's broader cross-ticker history, 10 prior buys averaged +28.7% 30-day returns. The insider's continued accumulation despite near-term price weakness and persistent operational losses presents a material signal about conviction in recovery or turnaround potential at a financially stressed public company.

10% owner Shay Capital LLC acquires 232,578 shares across 4 purchases (Jun 26-30) at blended $1.37 avg; stock down 78.0% from 52-week high.

Shay Capital LLC, holding 3.20M shares post-transaction, executed 4 separate purchases totaling 232,578 shares for $318,269.57 between June 26–30, 2025, at an average price of $1.37 per share. The current price of $1.38 is 78.0% below the 52-week high of $6.28 and down 38.1% over the past 90 days, indicating a stock under pronounced pressure. At the same ticker, this insider's 5 prior trades show mixed near-term results: post-purchase 30-day returns ranged from -1.9% to +47.1%, with no measurable 90-day outcomes yet. Fundamentally, the company reported a net loss of $22.2M on quarterly revenue of $107.6M and has declined 8.6% year-over-year in revenue, creating a backdrop of operational weakness that accompanies this accumulation.

10% owner Shay Capital LLC buys 100,000 TLYS shares at $1.54; stock down -79.6% from 52-week high, already has 2.97M shares.

Shay Capital LLC, a 10% shareholder, purchased 100,000 shares at $1.54 on 2025-06-05, increasing holdings to 2.97M shares. The stock is severely depressed, trading at $1.28—79.6% below its 52-week high of $6.28—and the company is unprofitable with a full-year net income of $-22.2M and annual revenue decline of -8.6%. This represents the insider's fifth separate buy at TLYS within nine days (2025-05-23 through 2025-06-05), suggesting continuous accumulation during a period of steep price deterioration. Five prior buys at this same ticker remain too recent to measure outcomes at the 90-day mark, limiting visibility into whether this buying pattern reflects forward-looking conviction or is part of a structured plan.

Shay Capital LLC (10% owner) bought 90,678 shares in TLYS at blended $1.23 on 2025-05-30; stock down -78.7% from 52-week high, company unprofitable

Shay Capital LLC purchased 90,678 shares across two transactions at $1.23 blended average price on 2025-05-30, growing its stake to 2.87M shares (+3.3% vs pre-transaction holdings). This represents accumulation activity by a significant shareholder during a period of extreme stock weakness: TLYS has declined -78.7% from its 52-week high and -67.6% over the past 90 days, with current price at $1.34 versus the transaction prices of $1.00 and $1.27. The company's fundamentals remain challenged—annual revenue declined -8.6% year-over-year and net income was negative at -$12.9M in the latest quarter—making the timing of this purchase notable given deteriorating operational performance. Prior trades by Shay Capital at TLYS occurred on 2025-05-28, 2025-05-27, and 2025-05-23, indicating sustained accumulation activity within a compressed three-day window as the stock reached depressed levels.

10% owner Shay Capital LLC purchases 144,607 shares across 3 trades (May 23–28) for $127,967.86 at avg $0.88, raising stake to 2,776,744 shares amid 84.9% price decline from 52-week high.

Shay Capital LLC, a significant 10% shareholder in TILLY'S, INC., executed 3 separate purchases totaling 144,607 shares for $127,967.86 between May 23–28, 2025, increasing holdings by 5.5% to 2,776,744 shares. The company is facing material headwinds: it reported a net loss of $-12,875,000.00 in the latest quarter, annual revenue contracted 8.6% year-over-year, and the stock has collapsed 84.9% from its 52-week high of $6.28, now trading at $0.95 with a market capitalization of just $11,377,752.90. The insider's blended purchase price of $0.88 reflects buying during significant weakness, yet the stock has continued to deteriorate, declining a further 38.3% over the 30 days following the Form 4 filing. The accumulation amid persistent losses and ongoing downward price momentum warrants examination of the company's operational trajectory and any catalysts the insider may anticipate.

10% owner Fund 1 Investments bought 80,500 shares (80.5K) at blended $5.50 across 2 transactions on 2024-07-05.

Fund 1 Investments, LLC executed 2 separate purchases totaling 80,500 shares for $443,033.70 on 2024-07-05, raising its stake to 5,981,903 shares. This represents a 1.4% increase against already substantial holdings as a 10% owner. The purchases occurred within days of prior buys on 2024-07-03, 2024-07-02, 2024-07-01, and twice on 2024-06-28—indicating sustained accumulation during a period when the stock trades 38.9% below its 52-week high of $9.03 and has declined 8.3% over the past 90 days. The company faces fundamental headwinds: it posted a $19.6M net loss in the latest quarter against $115.9M revenue, is unprofitable on a full-year basis, and has contracted revenue by 7.3% year-over-year. The pattern of rapid sequential purchases by a major stakeholder in a distressed-margin, revenue-declining business warrants tracking to understand whether this reflects conviction in a turnaround or structural repositioning.

Fund 1 Investments (10% owner) bought 116,675 shares in 2 transactions for $649,067.37 at depressed price levels

Fund 1 Investments, LLC, a 10% owner of Tilly's Inc., executed 2 separate purchases on 2024-07-02 and 2024-07-03, acquiring 116,675 shares totaling $649,067.37 at a blended average price of $5.56. The company's stock is trading at $5.73 currently, down 36.5% from the 52-week high of $9.03, and the company reported a net loss of $-19,621,000 over the most recent full fiscal year with revenue declining 7.3% year-over-year. The fund's 4 prior purchases at this ticker (all within the prior 5 days through 2024-07-01) suggest a pattern of consistent buying during a period when fundamental performance is weak and valuation multiples remain compressed.

Fund 1 Investments (10% owner) purchased 299,559 shares across 4 transactions for $1,643,041.35, raising stake to 5.78M shares

Fund 1 Investments, a significant 10% shareholder, executed 4 separate open-market purchases totaling 299,559 shares at a blended average price of $5.48 between June 27 and July 1, 2024, increasing its holdings by 5.5% to 5,784,728 shares. The timing of these purchases occurred as TLYS traded 38.4% below its 52-week high of $9.03 and amid a 17.6% decline over the prior 90 days, positioning the buys at relatively depressed price levels. However, the company's fundamental backdrop remains challenged: full-year net income was negative at $-19.6M, annual revenue declined 7.3%, and the latest quarter showed a $-19.6M net loss on $115.9M revenue. A 10% owner's continued accumulation despite these headwinds warrants investor attention to the specific motivations and expectations driving the increased stake.