Schmitt Christopher

General Counsel Schmitt sold 46,074 shares (46.1K) at $12.23 avg on 2026-04-07 to 09 as stock falls 27.8% in 30 days

Christopher Schmitt, General Counsel and Secretary, executed 4 separate sales totaling 46,074 shares for $563,473.79 across April 7-9, 2026, at blended average price $12.23, reducing holdings by 3.3% to 1,355,551 shares. The timing is notable: the stock has declined 27.8% over the past 30 days and is trading at $11.06, down 54.4% from its 52-week high of $24.26. This sale follows a consistent pattern in Schmitt's at SAIL: his prior 5 trades at this ticker were all well-timed at the 90-day mark, with 90-day returns of -24.8%, -26.1%, -25.8%, -11.7%, and -13.6%, suggesting the stock has systematically declined after his sales. The company reported -$36.0M net income against $281.9M quarterly revenue, indicating ongoing unprofitability despite 24.4% annual growth. The convergence of a pattern of well-timed prior exits at this specific ticker and a General Counsel-level officer selling into sharp downward momentum warrants investor scrutiny of recent business developments.

General Counsel Schmitt sells 26,545 shares for $518,823.87; prior 5 same-ticker sales all well-timed (100% win rate at 90d).

Christopher Schmitt, General Counsel and Secretary, executed 3 separate sales totaling 26,545 shares for $518,823.87 between 2026-01-06 and 2026-01-08 at prices ranging from $19.23 to $19.90, leaving him with 1,043,319 shares post-transaction. His prior trade history at SAIL is striking: all 5 prior sells were well-timed at the 90-day mark, with outcomes ranging from -9.9% to -17.1%, demonstrating a consistent pattern of selling ahead of declines. The stock is currently -24.0% from its 52-week high and down -10.1% over 90 days, placing it near the lower end of its historical range. This sale, combined with his established track record of well-timed exits at this ticker and the company's negative net income of $-35,975,000.00, warrants investor attention to the broader operational and market context that may have informed the timing.

General Counsel Schmitt sold 91,294 shares across 5 transactions for $2,051,488.17, reducing stake by 7.9% to 1.07M shares

Christopher Schmitt, General Counsel and Secretary, executed 5 separate sales totaling 91,294 shares for $2,051,488.17 between October 7–9, 2025, with a blended average price of $22.47. The current stock price of $23.30 sits -9.3% from its 52-week high of $25.70, and the stock has gained 12.8% over the past 30 days and 15.5% over the past 90 days. The company reported net income of $-10,552,000.00 against revenue of $264,359,000.00 in the latest quarter, indicating ongoing profitability challenges despite the recent upward momentum. This multi-day, multi-transaction sale reduced his holdings from 1.16M shares to 1.07M shares, a 7.9% reduction, leaving him with substantial retained ownership of approximately 1,069,864 shares.