CEO Jia Li purchases 1,829,269 shares of UCAR at $1.64; stock now -97.3% from 52-week high of $49.80
Jia Li, Chief Executive Officer, acquired 1,829,269 shares valued at $3,000,001.16 on 2026-05-06 at $1.64 per share, establishing an initial position in the company. The current price stands at $1.36, representing a -97.3% decline from the 52-week high of $49.80, and the stock has fallen -90.2% over the 90-day period. The company's market cap is $1,690,670.40, creating a notable disparity between the CEO's single transaction value ($3.0M) and the total market capitalization. This transaction occurs amid severe price deterioration and warrants examination of the circumstances under which it was executed and what it signals about management's assessment of the company's fundamental position.