Director McMullen buys 9,285 shares at $13.87 avg for $128.8K at MNR; continues accumulation pattern after 5 prior buys since June 2025.
Director William Wallace McMullen executed 3 separate purchases totaling 9,285 shares (9.3K shares) for $128,800.45 ($128.8K) on March 19–23, 2026, at prices ranging from $13.63 to $14.00, with a blended average of $13.87. The current price of $13.73 places the transaction near recent levels, and the stock is -12.9% from its 52-week high of $15.77. This marks McMullen's sixth open-market purchase of MNR stock since June 2025; his prior 5 trades at this ticker show a 3-of-5 timing pattern well-executed at the 90-day mark, suggesting some history of disciplined accumulation. The company reported a latest-quarter net loss of $-35,654,000.00 ($-35.7M) against revenue of $272,562,000.00 ($272.6M), and the elevated P/E of 36.13 reflects a growth-stage or unprofitable-to-profitable transition story. McMullen's persistent accumulation despite the loss position and elevated valuation metrics may warrant monitoring to discern whether continued insider purchases signal confidence in a turnaround, or reflect routine portfolio management at this stage in the company's recovery.