CMO Richard I. Donahue sold 85,289 shares at $43.09 avg; now holds 199,773 shares; stock down 27.5% in 30 days, -47.7% from high.
Richard I. Donahue, Chief Marketing Officer, executed 2 separate sales totaling 85,289 shares for $3,674,767.08 at a blended average price of $43.09 on 2025-06-12, reducing his holdings by 29.9% to 199,773 shares. The current price of $41.34 is now 47.7% below the 52-week high of $78.98, and the stock has declined 27.5% over the past 30 days—a significant drawdown that post-dates this transaction. Reviewing his same-ticker history, Donahue's 3 prior sales at IBTA were all well-timed at the 90-day mark, suggesting a pattern of selling ahead of declines. However, the current stock weakness does not yet constitute a complete post-transaction valuation signal; investors should monitor whether the decline continues over the 90-day period following this June filing to assess whether the timing pattern holds.