CLO Maria Rita De Carvalho Drummond sells 109,400 shares (3 sales) for $602,808.82 at $5.51 avg; stock now -44.5% from 52-week high
Maria Rita De Carvalho Drummond, Chief Legal Officer, executed 3 separate sales totaling 109,400 shares for $602,808.82 between April 15–17, 2026, at a blended average price of $5.51 per share. Her post-transaction holdings of 409,122 shares represent a -21.1% reduction from her pre-transaction position of 518,522 shares. The sales occurred in a context of significant price deterioration: the stock trades at $3.47 currently, -44.5% from its 52-week high of $6.25, and the 90-day change stands at -31.4%. The timing of this substantial share reduction during a period of extended downward price movement is material context for investors assessing executive confidence in near-term prospects.