Director Scott A. Reed bought 5,000 shares at $3.10 across two dates for $15,500.00 at CFND, against a -66.6% 52-week downtrend.
Scott A. Reed purchased 5,000 shares in two transactions totaling $15,500.00 at $3.10 per share on 2026-06-11 and 2026-06-12, raising his stake from 47,000 to 52,000 shares. The current price of $3.27 is -66.6% from the 52-week high of $9.78, and the stock has declined -20.2% over the past 90 days. Reed's prior five purchases at CFND all showed negative 90-day returns (ranging from -23.4% to -30.5%), with a 0 of 5 well-timed rate at the 90-day mark. His cross-ticker buy track record shows 11 prior buys with average 90-day returns of -26.4% and a 0.00% win rate, indicating a consistent pattern of unfavorable entry timing across holdings. This purchase occurs against that backdrop of deteriorating price action and historically poor timing on his buys at this ticker.