CFO Keith Goldan buys 3,000 shares of SNDX; cluster pattern with 3 other insiders buying within 14 days as stock down 62.5% from 52-week high
Keith Goldan, CFO of Syndax Pharmaceuticals, purchased 3,000 shares at an unspecified price on 2025-05-19, bringing his holdings to 93,746 shares. This transaction occurs in a cluster context: 3 other insiders also bought within the past 14 days, suggesting coordinated or near-simultaneous accumulation. The stock is currently trading at $9.30, down 62.5% from its 52-week high of $24.81, and down 19.4% over the past 30 days. Against this backdrop of sustained decline, the company reported $20.0M in quarterly revenue against a net loss of $84.8M, highlighting operational unprofitability. Goldan's own prior buy at this ticker on 2024-06-14 generated a 90-day return of -10.2%, showing that his previous accumulation in SNDX did not precede a recovery; the current multi-insider buy pattern occurs as the stock remains materially impaired from its peak.