CEO David L. Duvall sells 50,000 CMT shares at $20.32; stock now at $21.08, +22.9% in 30 days
CEO David L. Duvall sold 50,000 shares (50.0K shares) for $1,016,205.00 ($1.0M) at $20.32 on 2025-09-09, reducing his holdings from 198,780 to 148,780 shares (-25.2% net change). The stock has risen sharply since the transaction: $21.08 current price is +22.9% over 30 days and +28.0% over 90 days, positioning well above the 52-week low of $13.06 and near the 52-week high of $21.08. His prior four sales at CMT were all well-timed at the 90-day mark (returns of -3.9%, -3.8%, +0.1%, and +3.1% at 30 days, followed by -10.1%, -10.3%, -10.5%, and -9.1% at 90 days respectively), establishing a consistent pattern of selling ahead of subsequent declines. Against this backdrop, the current trade occurred near the 52-week high and before a significant rally, marking a departure from his established timing pattern at this ticker and raising questions about whether the underlying business fundamentals justify the recent price momentum given annual revenue growth of -15.5%.