Director Flynn James E purchases 5,000,000 shares at $5.00 for $25,000,000, raising holdings to 6.21M shares (+413.9%)
Flynn James E, a Director, executed 4 separate purchases totaling 5,000,000 (5.00M shares) for $25,000,000.00 on 2026-02-27 at a blended average price of $5.00, substantially increasing his position from 1.21M to 6.21M shares. This represents a major commitment of capital ($25.0M) and a dramatic 413.9% increase relative to pre-transaction holdings. His prior buys at Larimar have demonstrated strong performance: all 3 prior trades at LRMR (each executed on 2025-07-31) posted +34.7% returns over 90 days, and his cross-ticker track record shows 5 prior buys averaging +19.5% 90-day returns with a 60% win rate. The current stock price of $5.23 is 52-week low near the $1.71–$5.95 range and up +47.7% over 30 days and +67.6% over 90 days. Notably, a cluster pattern is evident: 3 other insiders also bought within the past 14 days, signaling coordinated accumulation at the board level.