CLO Jeffrey P Foster sells 23,148 CUBE shares ($949.4K) at $41.02; holds 205,057 post-trade with 100% prior 90-day sell timing.
Foster Jeffrey P, CubeSmart's Chief Legal Officer and Secretary, sold 23,148 shares at $41.02, reducing his holdings by 10.1% to 205,057 shares. His cross-ticker track record shows a 100.00% well-timed rate on prior sells, meaning both previous dispositions preceded stock declines at the 90-day mark. At CUBE specifically, his prior two sells (on 2025-05-05 and 2023-06-05) both delivered negative 90-day returns of +1.1% and -5.4%, and -0.1% and -7.9% respectively, establishing a consistent pattern of selling ahead of weakness. The current price of $41.12 sits only 5.9% below the 52-week high of $43.68, and the stock has risen 11.7% over the past 90 days since the sale, suggesting this particular transaction may have been poorly timed. However, given the insider's demonstrated accuracy across both his broader sell history and ticker-specific prior transactions, the pattern warrants monitoring of subsequent price action and any forward guidance changes at the company.