Co-Founder Francis James Oneill sold 147,000 shares (2.1% of holdings) for $1.9M under 10b5-1 plan; ARX stock down 59.5% from 52-week high.
Francis James Oneill executed 2 separate sales totaling 147,000 shares for $1,928,676.75 on 2026-06-25 and 2026-06-26 at blended average price $13.12, reducing his holdings from 7,050,125 shares to 6,903,125 shares. This sale occurred under a 10b5-1 trading plan adopted 2026-03-23, meaning it was scheduled rather than discretionary. ARX stock has declined 59.5% from its 52-week high of $31.18 and closed at $12.63 current price, putting the transaction prices ($13.06–$13.18) slightly above current levels. Across Oneill's cross-ticker open-market history, his prior buy showed a 90d return of -20.0%, and his 90d win rate stands at 0.00%; however, the scheduled nature of this 10b5-1 filing precludes timing characterization. The company reported a net loss of $4,100,000.00 in the latest quarter despite 51.5% annual revenue growth, indicating profitability challenges that provide broader context for market weakness.