Chief Reg & Comm Officer Christopher Guttman-McCabe sold 91,437 shares for $7.5M at blended avg $82.46
Christopher Guttman-McCabe executed 4 separate sales on 2026-06-15, totaling 91,437 shares for $7,539,883.84 at prices ranging from $81.32 to $84.29. This represents a 54.0% reduction in his non-derivative holdings, from 169,244 shares to 77,807 shares. The sale occurred near the company's 52-week high of $88.12 (current price $79.16 is -10.2% from that peak) and follows a strong 30-day run (+44.0%) and 90-day surge (+98.0%). Despite the material share reduction, the insider retains 40,000 shares via stock options, preserving continued equity exposure. The timing aligns with robust recent price appreciation rather than fundamental deterioration—the company posted +43.9% annual revenue growth, though net income remains negative at -$6.6M on quarterly revenue of $1.6M.