Corporate Controller of RYTM sold 5,614 shares (97.2% of holdings) at $89.56; stock now -20.5% from 52-week high despite +45.8% revenue growth.
Corporate Controller Christopher Paul executed a large reduction of his stake, selling 5,614 shares and leaving just 160 shares post-transaction. The timing is notable given the company's recent price decline of -13.4% over 30 days and -10.6% over 90 days, bringing the stock to -20.5% below its 52-week high of $117.62. The company reported strong annual revenue growth of +45.8% and current-quarter revenue of $51.3M, but remains unprofitable with a full-year net income of $-52.9M and latest quarterly losses of $-52.9M. This near-complete liquidation by a C-suite financial officer—retaining only 160 shares of a $6.4B market-cap company—during a period of stock weakness and persistent operating losses warrants close monitoring of the company's financial trajectory and cash position.