Major shareholder De Depot Et Placement sold 2,150,000 ZVIA shares at $1.90 (5/27), reducing stake 15.9%; stock down 56.6% from 52-week high.
De Depot Et Placement Du Quebec Caisse, a 10% owner, sold 2,150,000 shares for $4,085,000 on 2026-05-27, reducing holdings from 13,550,428 to 11,400,428 shares. This represents a substantial 15.9% reduction in the insider's position. The transaction price of $1.90 sits significantly above the current price of $1.59, but well below the 52-week high of $3.66. This insider's prior three sells at ZVIA showed 100% well-timed outcomes at the 90-day mark (-32.5%, -37.5%, and -10.0% respectively), establishing a consistent pattern of selling ahead of subsequent declines at this ticker. Against this backdrop, the underlying company remains unprofitable (net income of $-2,267,000 in latest quarter) with modest annual revenue growth of 4.0%, constraining fundamental support for the stock price.