GKOS CEO Burns sells 275,000 shares (64.1% of holdings) for $31,625,000.00 at $115.00
Thomas William Burns, Chairman & CEO of Glaukos Corp, executed 2 separate sales on 2026-01-08 and 2026-01-16, disposing of 275,000 shares (275.0K shares) at a blended average price of $115.00 for $31,625,000.00, reducing his stake from 428,775 shares to 153,775 shares—a -64.1% reduction in his personal holdings. The sales occurred while the stock trades at $123.45 (current), approximately -23.4% from its 52-week high of $161.22, and significantly above his transaction prices by $8.45 per share; the stock has nevertheless appreciated +6.2% over the prior 30 days and +61.1% over 90 days. At the same-ticker level, Burns' prior 5 sales at GKOS (all in January 2024) were followed by positive 90-day returns ranging from +9.9% to +20.0%, indicating a pattern of selling before subsequent stock appreciation rather than ahead of declines. The company, while growing revenue +21.8% year-over-year to $133,537,000.00 in the latest quarter, remains unprofitable with a net income of $-16,231,000.00 for its most recent full fiscal year, a structural profitability challenge that may have motivated the CEO's substantial equity reduction.