SVP Global Sales Donghyun Thomas Hwang sold 2,620 shares for $1.0M via 10b5-1 plan on 2026-06-25
Donghyun Thomas Hwang (SVP, Global Sales) executed 12 separate sales totaling 2,620 shares for $1,005,732.29 as part of a pre-arranged 10b5-1 trading plan adopted on 2025-08-11. The transactions spanned prices from $367.30 to $391.94, with a blended average price of $383.87. This represents an 8.1% reduction from his pre-transaction holdings of 32,376 shares (resulting in 29,756 shares post-transaction). Because this transaction is scheduled under a 10b5-1 plan rather than discretionary, timing considerations do not apply to this specific filing. The sales occurred when the stock was trading at $372.59 current price, positioned 11.1% below its 52-week high of $418.90, while the company reported strong near-term momentum with +67.8% 90-day appreciation and positive fundamentals including +32.6% annual revenue growth to $289.0M and $46.3M in net income, though note the company was unprofitable over its most recent full fiscal year.