Director Glerum bought 8,163 shares of TNC at $61.25 (Mar 2), expanding stake +1868.0%; 2 other insiders bought within 14 days
Glerum James T Jr., a Director, purchased 8,163 shares at $61.25 on 2026-03-02, investing $499,979.67 and expanding his holdings from 437 shares to 8,600 shares—a +1868.0% increase in position size. This transaction is part of a cluster buy pattern, with 2 other insiders also acquiring shares within the past 14 days, suggesting coordinated board-level conviction. The stock is currently trading at $60.91, near the lower bound of its 52-week range of $60.91–$87.61 and down 30.5% from the 52-week high and 20.0% over the past 30 days, indicating the purchase occurred during a significant pullback. Across his cross-ticker track record, Glerum's prior 4 open-market buys averaged +193.2% return over 30 days and +197.3% over 90 days with a 100.00% win rate, though TNC's elevated P/E of 73.39 and recent -6.5% annual revenue growth suggest near-term execution challenges that merit investor scrutiny.