CEO Charles Travis Naugle bought 2,500 shares of SBMT at $9.64 on 2026-05-29, raising holdings to 110,000 shares.
Charles Travis Naugle, the CEO, purchased 2,500 shares at $9.64 for a total value of $24,112.50, increasing his stake from 107,500 to 110,000 shares (+2.3%). The company is a recent listing (21 trading days) with net losses of $-3,036,631.00 and a market cap of $287,607,590.00. The trade occurred at $9.64; the current price as of 2026-06-01 is $9.74, representing a modest unrealized gain. In the context of an unprofitable company in its earliest public-market period, the CEO's modest share purchase is a minimal incremental addition to already-substantial holdings and provides limited signal about underlying business momentum or conviction.