Wolinsky Scott

10% Owner Wolinsky Scott bought 950.0K shares of EDBL at $0.22 (down -99.3% from $31.30 peak) amid ongoing losses and revenue decline

Wolinsky Scott, a 10% owner, purchased 950,000 shares at $0.22 on 2026-06-15, continuing a pattern of four consecutive buy transactions at EDBL within a two-week window (2026-05-27, 2026-06-01, 2026-06-03, 2026-06-05). The transaction occurs at a price -99.3% below the 52-week high of $31.30 and -43.5% lower than the 30-day prior level, reflecting extreme volatility. Fundamentally, Edible Garden reported a most recent quarterly net loss of $3.7M against revenues of $3.3M, annual revenue contracted -7.6%, and the company is unprofitable on a full-year basis. The repetitive, sequential buying pattern at deeply depressed valuations in a loss-making business merits attention to understand the insider's investment thesis and whether these purchases signal access to material non-public information about a potential turnaround or operational improvement.

10% owner Scott Wolinsky buys 150,000 shares of EDBL at $0.19; stock now $0.21, down 99.4% from $35.38 high, amid -$3.7M net loss.

Wolinsky, a 10% owner of Edible Garden AG, purchased 150,000 shares at $0.19 on 2026-06-05, increasing his holdings by 18.8% to 950,000 shares post-transaction for a total value of $29,100.00. The acquisition occurs in a severely distressed context: the stock trades at $0.21, down 99.4% from its 52-week high of $35.38, and has declined 91.8% over the past 90 days and 46.5% over 30 days. EDBL posted a net loss of -$3,669,000.00 in the latest quarter against revenues of $3,341,000.00, remains unprofitable on a full-year basis, and reported negative annual revenue growth of -7.6%, with a market capitalization of only $1,148,555.94. The purchase represents a discretionary open-market transaction by an existing substantial shareholder at a price that, while 10% above the current market price, reflects a profound deterioration in firm value and ongoing operational losses.

10% Owner Scott Wolinsky buys 1,050,000 shares across 3 transactions (May-June 2026) for $233,500, averaging $0.22, amid 92.6% 90-day decline

Scott Wolinsky, a 10% owner of Edible Garden AG, executed 3 separate purchases totaling 1,050,000 shares for $233,500.00 between May 27 and June 3, 2026, with a blended average price of $0.22. This accumulation occurred against a sharp backdrop: the stock has declined 92.6% over 90 days and trades at $0.20, down 99.5% from its 52-week high of $38.90. The company reported negative net income of $-3,669,000.00 in the latest quarter, annual revenue contraction of 7.6%, and a market cap of only $1,093,862.80. A 10% owner's material share purchases during operational distress and severe stock deterioration warrant close examination of the underlying rationale and whether this reflects confidence in a turnaround or other motivations not apparent from price action alone.