Director Clarkson J. Palmer buys 10,000 shares of CNX at $31.20 (now $32.64); company posted $-197.7M net loss last year.
Director Palmer purchased 10,000 shares at $31.20 on 2025-05-12, raising his stake to 245,433 shares, at a time when CNX Resources is in material financial distress: the company reported a $-197.7M net loss for its most recent full fiscal year and annual revenue declined 63.1% year-over-year. The stock is currently trading at $32.64, only 5.1% above the purchase price but -20.6% from its 52-week high of $41.09, reflecting broader pressure on the equity. The open-market purchase by a director during a period of significant operational and financial deterioration, combined with the company's ongoing unprofitability, is notable context for investors monitoring the company's trajectory and insider conviction levels.