Director Schroeder Thilo bought 1,304,347 shares for $59,999,962.00 at $46.00 in 2 transactions at RVMD
Director Thilo Schroeder purchased 1,304,347 shares in two separate transactions for a combined $59,999,962.00 at $46.00 per share on 2024-12-05, representing a substantial six-figure commitment. The purchase occurred at a price 22.4% below the 52-week high of $60.60, and the company is currently unprofitable with a full-year net income of $-156,288,000.00 and zero revenue in the latest quarter. This large insider buy by a director—equivalent to a material position increase—warrants examination of whether it reflects confidence in a turnaround or response to near-term equity values, especially given the company's significant operational losses and recent 22.2% decline in the past 30 days.