10% owner Bayview Legacy, LLC sells 70,000 shares (70.0K shares) for $2,443,432.56 via 10b5-1 plan at AIP
Bayview Legacy, LLC completed 2 separate sales totaling 70,000 shares for $2,443,432.56 on 2026-06-08 under a pre-arranged 10b5-1 trading plan, reducing holdings from 8,999,071 shares to 8,929,071 shares (-0.8%). The transaction is scheduled, not discretionary. At the same-ticker level, the insider's 5 prior trades at AIP show mixed post-transaction performance (returns ranging from -18.0% to +77.3% over 90 days), indicating no clear pattern of consistent timing accuracy. The company reported negative net income ($-7,959,000.00) in its latest quarter despite revenue of $22,936,000.00 and annual growth of +22.3%, suggesting operational challenges beneath top-line expansion. The 10b5-1 structure removes discretionary intent from this filing; the sale reflects a pre-planned execution rather than a contemporaneous market signal.