Director Paul Steven M purchases 41,666 shares at avg $24.65 in 2 transactions; cluster buy pattern as 2 other insiders bought within 14 days.
Director Paul Steven M executed two open-market purchases totaling 41,666 shares for $1,027,111.29 on 2025-09-12, establishing a new position at a blended average price of $24.65. The stock is currently trading at $24.73, near the transaction price, after a 30-day climb of +68.2% and 90-day surge of +125.8%. This buy occurs within a cluster pattern: 2 other insiders also purchased shares within the past 14 days. The company reported negative net income of $-26,732,000.00 over its most recent full fiscal year and carries a market cap of $902.6M. The coordinated accumulation by multiple insiders amid unprofitability and recent sharp price appreciation warrants investor attention to both the motivation behind these concurrent transactions and the company's cash burn trajectory.