Director Chmelev bought 8,300 shares of FLOC at $24.00 (Jan 17); cluster of 5 other insiders also bought within 14 days
Chmelev Alexander, a director, purchased 8,300 shares at $24.00 on 2025-01-17, increasing his position by 53.1% from 15,625 to 23,925 shares for a total value of $199,200.00. This purchase is part of a cluster pattern in which 5 other insiders also bought within the past 14 days, suggesting synchronized accumulation across the leadership team during a recent listing period. Given that the current price is $29.42 as of 2025-01-22 (4 trading days post-transaction), the director has a net paper gain in this short window, though longer-term fundamentals should guide investor assessment. The coordinated buying activity at a recent listing stage warrants attention to insider conviction at this valuation level.