VSTS CEO James Barber buys 164,000 shares in 2 transactions for $1,041,964.13 at blended $6.35
CEO James J. Barber purchased 164,000 shares (164.0K shares) across 2 separate transactions on 2025-12-03 and 2025-12-04 for a total of $1,041,964.13, lifting his holdings from 478,469 to 642,469 shares (a 34.3% increase). The purchase occurred at an average price of $6.35, below the current market price of $7.00. Vestis is currently unprofitable with latest-quarter net income of $-676,000.00 and negative full-year results, while revenue declined 2.5% year-over-year. The stock trades 57.9% below its 52-week high of $16.62 but has gained 32.1% over the past 30 days and 53.5% over 90 days. This substantial open-market equity commitment by the CEO during a period of business underperformance and depressed valuation relative to recent highs warrants investor attention to whether management expects a turnaround.