Director James Healy bought 666,665 shares at $18.00 ($12.0M); cluster pattern with 4 other insiders buying within 14 days
Director James Healy executed 5 separate purchases totaling 666,665 shares for $11,999,970.00 at $18.00 per share on 2024-09-27. The transaction occurred in a context of recent listing (just 2 trading days), where the current market price is $21.00. This substantial acquisition is noteworthy because 4 other insiders also bought within the past 14 days, forming a cluster buy pattern. The filing contains a derivative conversion (Form 4 Table II), meaning the 26,497 shares shown in Table I post-transaction represents only a portion of the director's total position; the derivative holdings are not yet populated in the database. This multi-insider buying activity in the days following a stock listing suggests coordinated confidence or planned accumulation tied to the IPO process.