CSO Kenneth Stauderman sold 1,000 shares at $3.65, bought 1,000 shares at $3.96 at unprofitable CALC; cluster buy signal amid +164.3% 30-day rally
Kenneth Stauderman, Chief Scientific Officer at CalciMedica, executed 2 separate transactions within 3 days: a sale of 1,000 shares on 2025-07-25 for $3,650.00 followed by a purchase of 1,000 shares on 2025-07-28 for $3,960.00, leaving him with 12,944 shares post-transaction. The filing is noteworthy because it occurs within a 14-day window in which 3 other insiders also purchased shares—a cluster buy pattern. However, context is important: the company posted net income of $-5,042,000.00 and remains unprofitable over its most recent full fiscal year. The stock has surged +164.3% over 30 days and currently trades at $3.78, down -28.7% from its 52-week high of $5.30. Stauderman's repurchase at $3.96 came after a sale at $3.65, suggesting a net-zero hedge rather than a conviction-driven accumulation move; the contemporaneous cluster activity across the executive team warrants investor monitoring of whether this reflects material non-public developments or simply reactive positioning in a highly volatile micro-cap equity.