XCUR EXICURE, INC. Insider Trading

Exicure HiTron (10% owner) sold 258,367 shares of XCUR at $4.50 on 2026-01-21; stock now $6.28, up 39.6% since sale.

Exicure HiTron, a 10% shareholder, executed a second consecutive open-market sale within five days, divesting 258,367 shares at $4.50 on 2026-01-21 for $1,162,651.50 and reducing holdings from 1.86M to 1.60M shares (-13.9%). The stock has rallied to $6.28 post-transaction, up 39.6% from the sale price, representing a poorly-timed exit. While the insider's cross-ticker track record includes 100% win rate on 1 prior buy (avg 90d return +363.7%), prior sales have not demonstrated comparable timing acuity; the two most recent XCUR sales on 2026-01-16 and 2026-01-07 are too early to measure, but this emerging pattern of consecutive insider selling into a depressed valuation (stock is -56.0% from 52-week high and the company posts zero revenue and -$2.4M net income) warrants observation of whether this reflects updated internal views or portfolio liquidity management.

10% owner Exicure HiTron Inc. sold 734,747 shares of XCUR at $4.50 on 2026-01-16; stock now at $6.14, up 36% since sale

Exicure HiTron Inc., a 10% shareholder, divested 734,747 shares (28.3% of holdings) at $4.50, reducing its stake from 2,592,061 to 1,857,314 shares. The company remains unprofitable with $-2,437,000 net income in the latest quarter and $0.00 revenue reported, indicating financial distress. The stock has since appreciated 36.4% to $6.14 from the $4.50 sale price, suggesting this large holder exited during a relative low point. This timing pattern—selling below the current price and well below the 52-week high of $14.28—combined with the company's unprofitable operations and near-zero revenue, signals the insider's decision to reduce exposure despite subsequent share price recovery.

10% Owner Exicure HiTron sold 741,272 shares at $4.50 on 2026-01-07; stock now $5.88, -59.0% from 52-wk high.

Exicure HiTron, a substantial 10% shareholder, divested 741,272 shares ($3,335,724.00 total value) at $4.50 per share, reducing holdings from 3,333,333 shares to 2,592,061 shares—a -22.2% reduction. The sale occurred at a price well below the current $5.88 level and significantly depressed relative to the 52-week high of $14.36. While the insider's cross-ticker track record shows 100.00% win rate on 1 prior buy (averaging +363.7% 90-day return), this sell in XCUR follows a single prior buy at this ticker on 2024-12-26 that gained +363.7% over 90 days, suggesting the insider may have been distributing gains from a successful earlier accumulation. The unprofitable fundamentals—$0.00 revenue in latest quarter and $-2,437,000.00 net income—provide limited context for interpreting conviction, but the material reduction in a 10% stake warrants attention as it suggests altered positioning despite positive prior returns at this ticker.

10% owner SANGSANGIN divests entire 433.3K share position in XCUR for $3.8M at $8.71; stock now at $5.32 with negative quarterly revenue.

SANGSANGIN INVESTMENT & SECURITIES CO., LTD., a 10% shareholder, executed a complete exit by selling 433,332 shares at $8.71, reducing holdings from 433,332 shares to 0 shares and eliminating its stake entirely. The transaction occurred while the stock trades at $5.32, -78.1% below its 52-week high of $24.25, and in the context of a company reporting $0.00 revenue in the latest quarter and net income of $-2,437,000.00 across a full fiscal year. The combination of a major investor's total divestment and the company's absent revenue alongside significant losses represents a material signal regarding operational performance and stakeholder conviction. The 30-day and 90-day price appreciation (+37.5% and +47.8% respectively) does not alter the fundamental absence of revenue or the timing of this complete exit by a 10% holder.

HiTron Systems (10% owner) purchased 2,900,000 shares of XCUR at $3.00 for $8,700,000.00, raising stake to 3,333,333 shares (+669.2%)

HiTron Systems, a 10% shareholder, deployed $8,700,000.00 to acquire 2,900,000 shares at $3.00, a price substantially below the current market level of $13.91 and far below the 52-week high of $31.99. The transaction represents a dramatic increase in commitment—holdings grew from 433,333 shares to 3,333,333 shares (+669.2%), signaling material capital redeployment by an existing major stakeholder. This concentration of investment by an insider occurs against the backdrop of Exicure's unprofitability (net income $-1,091,000.00 for the latest period, zero quarterly revenue reported), suggesting the purchase reflects an assessment or strategic positioning independent of current financial performance. The 30-day price surge of +69.6% places the transaction well in the past relative to recent momentum, warranting investigation into whether this represents a pre-planned position increase, fundamental thesis around cash deployment, or capital allocation tied to broader corporate strategy.

10% owner DGP Co. bought 237.2K shares of XCUR at $3.00 on 2024-09-12, raising stake to 849.2K shares; stock now $2.26 (-51.4% from 52-week high).

DGP Co., Ltd., a 10% owner, purchased 237,223 shares at $3.00, adding to an existing position and increasing holdings from 612,000 to 849.2K shares. The acquisition occurred when Exicure was posting zero quarterly revenue and negative net income of $-600,000.00, with annual revenue declining -100.0% year-over-year and a market cap of only $19.6M. The stock has since declined from the transaction price of $3.00 to $2.26 (currently -51.4% from its 52-week high of $4.65). While the 30-day post-purchase price action showed +25.6% appreciation and 90-day showed +37.0%, the stock's subsequent collapse below the purchase price and the company's deteriorating fundamentals raise questions about the forward outlook. The timing of this buy—at a higher price than current levels—occurs amid a company in revenue freefall and substantial operating losses.