COO Kling sold 98,612 shares (69.1% of holdings) across 3 transactions for $2.1M; NAMS stock up 18.9% in 30 days
Douglas F Kling, Chief Operating Officer of NewAmsterdam Pharma (NAMS), executed 3 separate sales totaling 98,612 shares (98.6K shares) for $2,096,655.08 ($2.1M) on July 15–16, 2025, reducing his holdings by 69.1% from 142,612 to 44,000 shares. The sales occurred at a blended average price of $21.26, well below the current price of $21.98 and notably below the 52-week high of $26.61. The timing coincides with a strong 30-day rally of +18.9% and 90-day gain of +34.5%, yet the company remains unprofitable with net income of $-39,527,000.00 ($-39.5M) over its latest full fiscal year, despite rapid annual revenue growth of +223.4%. The substantial reduction in a COO's holdings during an upswing in an otherwise loss-making company merits close attention to the underlying business rationale.