Director Chimovits Erez bought 825,000 shares for $14,025,000.00 at $17.00; part of 2-transaction cluster buy by 3 insiders in 14 days.
Erez, a Director, executed 2 separate purchases totaling 825,000 shares (825.0K shares) for $14,025,000.00 at $17.00 on 2024-10-15, raising his holdings from 3,729,873 shares to 4,554,873 shares (+22.1% net change). This filing is part of a cluster: 2 other insiders also bought within the past 14 days. The company recently listed (5 trading days prior), so post-IPO lockup periods and promotional buying patterns are highly relevant context. Current stock price is $23.60 as of 2024-10-17. The insider holds derivative securities (Form 4 Table II not yet populated in our database), so the Table I holdings do not represent the full position; this is a conversion transaction, not a pure equity purchase.