Brown Hayden (CEO) sells 72,546 shares for $623,800.02 via scheduled 10b5-1 plan on 2026-05-18 at blended $8.60.
Brown Hayden executed two separate sales totaling 72,546 shares for $623,800.02 under a pre-arranged 10b5-1 trading plan adopted on 2025-11-19. The sales occurred at prices of $8.66 and $8.57 per share. His holdings remain substantial at 774,552 shares post-transaction, representing an 8.6% reduction. At the current price of $8.66, the stock is trading -62.1% from its 52-week high of $22.84 and has declined 21.9% over 30 days and 35.0% over 90 days. The underlying business carries a P/E of 9.84 with $195.5M in quarterly revenue and $31.5M in net income, though annual revenue growth has slowed to 2.4%. Because this transaction is governed by a scheduled 10b5-1 plan rather than discretionary execution, the sales reflect predetermined scheduling rather than market-responsive decision-making.