Controller Merrill James A bought 2,000 shares of FLOC at $24.00 on 2025-01-17; stock now at $29.42. Cluster pattern: 5 other insiders also bought within 14 days.
Merrill James A, the company's Controller, purchased 2,000 shares at $24.00 for $48,000.00 on 2025-01-17, increasing his holdings to 10,333 shares (+24.0% vs pre-transaction holdings). The stock has since risen to $29.42 as of 2025-01-22, four trading days after purchase. This buy is part of a coordinated cluster pattern: 5 other insiders also purchased shares within the same 14-day window, suggesting broad internal alignment regarding the company's value at current price levels. For a recently listed company (4 trading days old at time of current price snapshot), multi-insider accumulation in the open market during early trading is a notable signal of internal conviction at these price points.