Allorto Richard T JR

CFO Allorto Richard T JR doubles PNNT holdings to 30,000 shares via $73.2K purchase at $4.88

Richard T Allorto JR, CFO and Treasurer, purchased 15,000 shares at $4.88 on 2026-03-11, bringing his total holdings to 30,000 shares—a +100.0% increase from his prior 15,000 shares. The timing context shows mixed signals: while the current price of $4.65 sits -37.5% from the 52-week high and down -20.6% over 90 days, Allorto's prior two purchases at PNNT (March 2024 and May 2023) both posted positive 90-day returns of +12.6% and +27.8% respectively, establishing a pattern of well-timed entry points at this ticker. His cross-ticker track record across 4 prior buys shows an average 90d return of +12.8% with a 66.67% win rate, supporting consistent execution. The company's financial position includes net income of $9.0M and a P/E of 11.92, indicating a modestly valued asset. The substantial doubling of his personal stake during a period of stock weakness and recent 30-day decline of -13.2% reflects a discretionary decision to expand exposure, though current price deterioration has already eroded the transaction value by 4.7%.

CFO Allorto purchases 15,000 PFLT shares at $8.15; holdings triple to 25,000; stock now -29.6% from 52-week high.

Richard T Allorto Jr, the CFO and Treasurer, acquired 15,000 shares at $8.15 on 2026-03-11, raising his position from 10,000 to 25,000 shares—a 150% increase in holdings. The transaction occurs with the stock trading -29.6% from its 52-week high of $11.42 and down -11.6% over 30 days. Against his cross-ticker track record of 4 prior buys with an average 90-day return of +12.8%, his single prior buy at PFLT in May 2024 recorded a 90-day decline of -1.9%, establishing a pattern of 0 of 1 well-timed purchases at this ticker. The company is unprofitable, with net income of $-3,578,000. This concentration of executive capital in a security showing recent weakness, absent from the insider's strong cross-ticker historical outcomes, merits monitoring for whether subsequent performance validates or contradicts his timing judgment at this specific holding.