CFO Vlahos acquired 526 shares in 4 purchases at blended avg $27.50; holdings now 4,151 shares (+14.5%). Stock down -18.0% from 52-week high, company posted $-15.3M net loss.
Nicholas Alec Vlahos, Chief Financial Officer, executed 4 separate purchases totaling 526 shares for $14,463.99 at a blended average price of $27.50 over a nine-month period spanning 2024-03-15 through 2024-11-20. This represents a 14.5% increase relative to his pre-transaction holdings of 3,625 shares. The accumulation occurred against a backdrop of deteriorating stock performance (currently trading -18.0% from the 52-week high of $34.36) and material operational headwinds: the company reported a net loss of $-15.3M in the latest quarter and negative annual revenue growth of -2.1%. The CFO's incremental purchases at prices ranging from $26.08 to $31.27, culminating in a notably larger 500-share acquisition at $27.45 in November, represent his observable response to prevailing market conditions and valuation levels.