Director Fredrick Schaufeld sells 237,741 shares for $1.4M at TLS as stock declines 17.2% in 30 days
Schaufeld executed 2 separate sales totaling 237,741 shares for $1,385,706.03 on November 25–26, 2025, reducing his holdings by 17.8% from 1.34M to 1.10M shares. The sales occurred at $5.87 and $5.75, while the stock now trades at $5.78 (current price), down 17.2% over the past 30 days and 25.5% from its 52-week high of $7.76. At the same-ticker level, Schaufeld's prior sell on 2025-09-12 delivered a -1.9% 30-day return, suggesting some historical pattern of selling into weakness or at transition points. Fundamentally, the company reported -25.5% annual revenue decline, $-2.1M net income loss in the latest quarter, and unprofitability over its most recent full fiscal year, indicating significant operational headwinds that frame the director's decision to reduce exposure during a period of accelerating stock price deterioration.