Director and 10% owner Harrington acquires 3.4M shares via open-market purchases and conversions; three insiders buying within 14-day window.
William T Harrington, a director and 10% beneficial owner of Mobia Medical, executed a substantial acquisition of over 3.4 million shares on a single date through both open-market purchases and warrant conversions. This is Harrington's first open-market purchase activity in the available filing history, marking a notable shift into accumulation. The acquisition occurs alongside two other insiders purchasing shares within the same 14-day window, creating a pattern of multiple insiders deploying capital at the same time. The stock is trading above its 52-week low, recently listed, making this early-stage buying activity notable in terms of timing and scale relative to his existing ownership stake.