CFO Brian Hungerford bought 4,000 shares in 2 transactions for $8,801.67, raising stake to 64,933 shares as stock trades -37.0% from 52-week high.
Brian Hungerford, CFO of unprofitable Kiromic Biopharma (net income $-6.8M over most recent full fiscal year), purchased 258 shares at $2.25 on 2024-08-19 and 3,742 shares at $2.20 on 2024-08-20, for a total of 4,000 shares at a blended average price of $2.20. At the current price of $2.18, the stock stands -37.0% from its 52-week high of $3.46. His prior trades at KRBP show negative 30-day returns: -32.7% on a 2024-06-13 purchase and -45.0% on a 2024-06-12 purchase, with 0 of 0 prior buys at this ticker well-timed at the 90-day mark. Across all tickers, his 3 prior open-market buys averaged a 30-day return of -38.8%, indicating a pattern of purchasing into weakness that has not subsequently recovered on his timeline. The timing and price context—buying near 52-week lows in a loss-making company—merit monitoring of whether this accumulation reflects either informational asymmetry or conviction that materializes.