Chief Scientific Officer Russell Alan J sold 100,000 shares (81.0% of holdings) at $21.12; stock down 43.9% from 52-week high, company unprofitable.
Russell Alan J executed a substantial 100,000-share sale at $21.12 on 2025-11-12, reducing his stake from 123,400 to 23,400 shares (an 81.0% reduction). The transaction occurred against mixed context: while the stock has surged 38.9% over 30 days and 44.3% over 90 days, it remains 43.9% below its 52-week high of $36.38 and trades at $20.42 currently. At the same ticker (EWTX), Russell has executed 5 prior open-market sales; his timing track record there shows mixed results, with 1 of 4 measurable 90-day outcomes well-timed (negative post-sale return). Edgewise reported a negative net income of $-40,666,000.00 over its most recent full fiscal year. The magnitude of the position reduction—81.0% of prior holdings—and the company's unprofitable status warrant attention to whether this reflects a material shift in Russell's assessment of the opportunity.