Conroy Jeffrey J.

10% Owner Conroy purchased 4.79M shares for $1.6M across 12 transactions, net +798K shares (+86.6%), amid 52-week stock decline of -93.6%

Conroy Jeffrey J., a 10% owner, executed 12 separate purchases totaling 4,787,320 shares for $1,559,675.39 alongside 7 concurrent sales totaling 3,989,318 shares for $1,226,038.79 between September 18 and October 9, 2024. The net result was an 86.6% increase in his holdings from 922,000 to 1,720,002 shares—a material commitment to the company during a period when the stock has declined 93.6% from its 52-week high and is currently trading 93.6% below that peak. The transaction prices ranged from $0.23 to $0.38 per share, occurring over a concentrated 3-week window. This level of sustained accumulation by a major shareholder during severe price deterioration warrants investor scrutiny of whether disclosed circumstances justify the position expansion or signal material changes in company fundamentals.

10% Owner Conroy adds 334,690 shares net (+18.0%), buying 350,704 at $0.12 while stock down 94.4% in 90d

Conroy Jeffrey J., a 10% owner, executed 2 transactions on 2024-10-10: purchased 350,704 shares at $0.12 ($40,330.96) and sold 16,014 shares at $0.11 ($1,809.58), for a net addition of 334,690 shares (+18.0% vs pre-transaction holdings of 1,860,000 shares). The purchase occurs in an extreme price environment: PEGY trades at $5.17 today, down 99.2% from its 52-week high of $651.75, with a 90-day decline of 94.4%. The company is unprofitable (net income of $-6,934,015.00 in the latest quarter) though it posted strong annual revenue growth of +189.3%. The insider's cross-ticker track record shows 12 prior buys and 8 prior sells, but none of the prior same-ticker outcomes at PEGY are yet measurable (both the prior 2024-10-09 sell and buy occurred too recently). This filing captures a substantial equity infusion from a major shareholder into a deeply distressed security with negative near-term momentum, though the stock's extreme valuation collapse and unprofitable state present material near-term uncertainty.

10% owner Conroy buys 333,921 shares at $0.11, sells 29,010 at $0.11; holdings rise 19.6% to 1.86M shares as PEGY drops 99.1% from 52-week high.

Conroy Jeffrey J., a 10% owner, executed 2 separate transactions on 2024-10-09, purchasing 333,921 shares and selling 29,010 shares, both at $0.11, resulting in a net acquisition of 304,911 shares and increasing his holdings by 19.6% to 1,860,000 shares. The stock has declined 99.1% from its 52-week high of $651.75 to a current price of $5.94, with a 90-day decline of 94.5%, placing Pineapple Energy in severe distress. The company reported a net loss of $6,934,015.00 on quarterly revenue of $13,549,420.00 and remains unprofitable on a full-year basis, indicating fundamental operational challenges. The insider's net buy activity during this period of extreme depreciation—combined with his substantial increased ownership stake—occurs against a backdrop of catastrophic equity destruction and unresolved profitability questions that warrant investor scrutiny of both the company's turnaround prospects and the significance of insider confidence versus capital preservation dynamics in this distressed environment.