CFO/COO Kaseta Michael sold 142,390 shares at $40.14 avg across 4 transactions for $5.7M, reducing holdings by 28.7%.
Kaseta Michael, as CFO and COO, executed 4 separate sales totaling 142,390 shares for $5,715,240.05, reducing his holdings from 495,746 shares to 353,356 shares. The sales occurred over two trading days (April 14–15, 2026) at prices near $40.14, while the stock currently trades at $41.40 (+12.3% over the past 30 days and +9.2% over 90 days). At the same ticker, his two prior measurable sales (January 12 and August 15, 2025) showed mixed timing outcomes: both trades were followed by positive 90-day returns (+3.0% and +2.9%), indicating he sold before subsequent rallies rather than before declines. The company reported $54.3M revenue in the latest quarter but remains unprofitable with $-3.5M net income, though full-year revenue growth was +1031.2%. The concentration of four sales over consecutive trading days, combined with the substantial dollar volume ($5.7M) and the significant reduction in direct holdings (28.7%), warrants tracking whether further insider moves or operational developments follow.