Director Kevin Bitterman sold 184,123 shares (92.9% of holdings) in 19 transactions for $16,858,639.38, reducing stake from 198.3K to 14.2K shares.
Kevin Bitterman, Director at Disc Medicine (IRON), executed 19 separate sales across December 12–16, 2025, totaling 184,123 shares for $16,858,639.38 at a blended average price of $91.56. This represents a near-complete liquidation, reducing his holdings from 198.3K shares to 14.2K shares (a 92.9% reduction). The timing coincides with the stock near its 52-week high of $94.11 (current price $91.47 is only 2.8% below peak), and the company remains unprofitable with full-year net income of $-62,321,000.00. While his cross-ticker track record shows an average 30-day return of +6.5% following prior sells, his five measurable sales at IRON on 2025-10-17 have shown mixed outcomes (ranging from -2.1% to +4.4% over 30 days), with no 90-day track record yet established at this ticker to assess selling timing patterns. The scale and structure of this liquidation—nearly complete, executed at near-peak prices, in an unprofitable company—merits investor scrutiny of the underlying business catalyst and director sentiment.