CTO Hlibowicki sells 6,913,967 shares at $7.50, reducing stake to 4,592 shares; stock up 81.6% in 90 days but down 31.4% from 52-week high.
Wojciech Hlibowicki, Chief Technology Officer, executed 2 separate sales totaling 6,913,967 shares for $51,854,752.50 on 2025-02-07, reducing his holdings from 6,918,559 shares to 4,592 shares post-transaction. The transactions occurred at $7.50 per share, which is 32.8% below the current price of $11.17, suggesting the stock has appreciated significantly since the sale date. While the stock is up 81.6% over the 90-day period and up 1.9% over 30 days, it remains down 31.4% from its 52-week high of $16.27. The company is currently unprofitable with net income of $-31,539,413.00 on quarterly revenue of $25,056,904.00, though it is experiencing strong annual growth at +105.6%. The filing involves a derivative conversion per Form 4 Table II, so the reported post-transaction holdings do not represent the insider's complete position; investors should review the derivative securities table for full position transparency.