Patton Gregory Scott

CFO Patton Gregory Scott bought 3,000 shares of PROP at $2.51 on 2025-08-27; stock down 78.6% from 52-week high, cluster of 4 other insiders also bought in past 14 days.

CFO Patton Gregory Scott purchased 3,000 shares at $2.51, adding to holdings of 795,519 shares for a 0.4% increase. The transaction occurs amid severe stock deterioration: the stock has fallen 78.6% from its 52-week high of $11.87 and declined 29.2% over the past 30 days and 34.4% over 90 days. Notably, 4 other insiders also bought within the past 14 days, indicating a cluster buy pattern. Against this backdrop, the company recently reported $68.1M in quarterly revenue with $35.7M net income and 413.6% annual revenue growth, though full-year results were unprofitable. The insider's own cross-ticker track record shows modest prior returns (1 prior buy, average 30-day return -6.5%), and his only prior trade at PROP (a June 2025 purchase) also showed a negative 30-day return of -6.5%.

CFO Patton Gregory Scott bought 5,050 shares at $3.89 as PROP trades -71.0% from 52-week high; 4 other insiders also bought in 14 days.

Patton Gregory Scott, EVP and CFO, purchased 5,050 shares at $3.89 on 2025-06-04, adding to holdings of 125,469 shares for a net increase of 5,050 shares. This transaction occurs amid significant price deterioration: PROP is trading at $3.90, representing a -71.0% decline from the 52-week high of $13.43 and a -45.3% decline over the past 90 days. Critically, this buy follows a cluster pattern in which 4 other insiders also purchased shares within the past 14 days. The company reported a latest-quarter net income of $-2,617,000.00 and was unprofitable over its most recent full fiscal year, introducing material context for an executive purchase in a distressed price environment. The convergence of executive accumulation, significant recent losses, and concentrated insider buying warrants investor scrutiny of the company's operational trajectory and cash position.