CEO Christopher Pavlovski sells 9,991,283 shares at $7.50 for $74.9M; retains 95.79M shares
Christopher Pavlovski, CEO of Rumble Inc., executed 2 separate sales totaling 9,991,283 shares at $7.50 for $74,934,622.50 on 2025-02-07, reducing his holdings by 9.4%. The sale was conducted at a 32.9% discount to the current price of $11.17, yet the stock has appreciated 81.6% over the past 90 days and remains 30.4% below its 52-week high of $16.27. Rumble reported revenue of $25,056,904 in the latest quarter with annual revenue growth of 105.6%, but the company posted a net loss of $31,539,413 and remains unprofitable on a full-year basis. The transaction involved a conversion of derivative securities (Form 4 Table II), meaning Pavlovski's actual economic position extends beyond the Table I share count displayed post-transaction.