CTO Justin Peterson sold 21,221 shares of TW at $102.00 (2.2M) under pre-arranged 10b5-1 plan; stock down 33.6% from 52-week high.
Justin Peterson, Chief Technology Officer, executed a sale of 21,221 shares at $102.00 on 2026-06-01 under a pre-arranged 10b5-1 trading plan adopted on 2025-11-03, reducing his holdings from 36,291 shares to 15,070 shares. This is a scheduled transaction, not a discretionary decision. The stock is currently trading at $97.98, down 33.6% from its 52-week high of $147.49 and down 12.3% over the prior 30 days. At the same ticker, Peterson's prior four measurable sales (2026-04-15, 2026-02-10, 2025-03-19, 2025-01-06) showed mixed 30-day outcomes but predominantly negative 90-day performance, with his most recent sale on 2026-04-15 followed by a 90-day decline of 17.0%. Given the pre-arranged nature of this transaction, the recency and magnitude of the stock's price decline, and the consistent underperformance pattern following his recent sales at this ticker, investors should monitor the company's fundamental trajectory and market conditions that preceded this plan's execution.