CEO Robert W. Eifler sold 50,000 shares for $2,275,389.59 on 2026-06-15 as stock declined -20.9% in 30 days.
Robert W. Eifler, President & CEO, executed 2 separate sales totaling 50,000 shares ($2.3M) at a blended average price of $45.51 on 2026-06-15, reducing his holdings by 4.0% to 1,193,828 shares. The timing is notable: the stock is currently trading at $43.03, down 20.9% over the prior 30 days and 21.7% below its 52-week high of $54.98, suggesting the sales occurred as momentum deteriorated. At the same ticker (NE), Eifler's prior 2 sells both posted negative 90-day returns (-6.3% and -7.6%), indicating a pattern of exiting before declines; however, his cross-ticker track record on sells shows an average 90-day return of -7.0% with a 100% well-timed rate, a sample of only 2 prior sales. Fundamentals remain solid (revenue $785.7M, net income $120.7M, P/E 29.88), so the sale does not signal distress but rather a reduction in his already-substantial 1.19M-share position amid current price weakness.