CFO Baliff Jonathan purchased 2,170 shares of RDW at $11.38 on 2025-03-19; stock down 56.0% from 52-week high, company unprofitable.
CFO Baliff Jonathan purchased 2,170 shares at $11.38, adding to holdings of 1,028,954 shares post-transaction. The acquisition occurs amid significant recent price pressure—RDW has declined 52.1% over the past 30 days and 56.0% from its 52-week high of $25.66—while the company reported a net loss of $20,959,000 on $68,638,000 in quarterly revenue. The insider's cross-ticker track record shows 1 prior buy with an average 90-day return of +22.8%, and his sole prior transaction at RDW (a 2023-11-17 purchase) also delivered positive 90-day returns of +22.8%, establishing a pattern of well-timed entry points. A cluster of 2 other insiders also bought within the past 14 days, suggesting coordinated conviction at current depressed valuations despite near-term operational underperformance.