NNE President Jiang Yu sold 745,900 shares for $19.9M via 10b5-1 plan; stock down 61.3% from 52-week high.
On 2026-06-03, Jiang Yu (President and Chairman) executed 15 separate sales totaling 745,900 shares for $19,896,984.50 at prices ranging from $26.29 to $29.91, reducing his non-derivative holdings from 8,969,900 shares to 8,224,000 shares (-8.3%). This sale is part of a pre-arranged 10b5-1 trading plan and therefore scheduled rather than discretionary. The broader context shows the stock is currently trading at $23.56, down 61.3% from its 52-week high of $60.87 and down 19.0% over the past 30 days, significantly below the blended average price of $26.68 at which these shares were sold. Yu's cross-ticker track record shows an average 90-day return of -29.8% after his 16 prior open-market sells, while his same-ticker history at NNE shows consistently negative 30-day and 90-day performance following his five prior sales in January 2026 (ranging from -13.6% to -24.6% at 30 days). The company remains unprofitable with a net income of $-9,180,166.00 in its most recent full fiscal year, adding fundamental uncertainty to the trading environment.