Chief Commercial Officer Sharon Benzeno sold 606,402 shares at $16.54–$16.91 for $10.1M, reducing stake by 67.1%.
Sharon Benzeno, Chief Commercial Officer, executed 2 separate sales totaling 606,402 shares for $10,144,025.57 at a blended average price of $16.73, reducing her holdings from 903,193 shares to 296,791 shares. The $10.1M divestiture represents a 67.1% reduction in her position. The sales occurred as the stock trades at $20.46, currently at its 52-week high, and has appreciated 18.8% over the past 30 days and 59.8% over 90 days—a period of strong price momentum. The company generated positive quarterly net income of $9,546,000.00 but was unprofitable for the full fiscal year, presenting a mixed financial profile. The large sale magnitude and timing during a period of elevated valuation warrant investor attention to whether this represents a material reassessment by a key commercial executive.