TFIN President Ritterbusch purchases 7,000 shares at open market; returns to buying after prior sales, stock trading below 52-week highs.
Todd Ritterbusch, President of TBK Bank (a TFIN subsidiary), purchased 7,000 shares on the open market, increasing his holdings by 44%, his second open-market purchase in the past three years. The stock is trading modestly below its 52-week high, having gained ground over the past month despite a slight decline over the past quarter. Ritterbusch's prior sale at this ticker in early 2024 saw the stock rise modestly afterward—a poorly-timed exit by that measure—and he is now returning to the buy side. The company remains profitable with recent quarterly earnings, though the stock carries a relatively elevated valuation multiple. This is an uncommon move for an insider who has been a net seller; whether this shift reflects a change in conviction or portfolio allocation is not evident from the filing alone.