General Counsel Yokozuka Noriko sold 137,500 shares (74.5% of holdings) for $3.9M at $28.44 as stock approaches 52-week high
Yokozuka reduced her position from 184,657 shares to 47,157 shares, a -74.5% reduction, at $28.44 per share. The sale occurs with the stock at $27.99, just -3.2% from its $28.90 52-week high, and after strong recent momentum (+10.5% in 30 days, +29.6% in 90 days). This large concentrated reduction by the General Counsel is notable given the company's unprofitable state: despite +74.2% annual revenue growth to $315.4M, net income was negative at $-90.7M over the full fiscal year. The combination of substantial position liquidation near multi-month highs alongside persistent operational losses presents a material data point for investors to evaluate against future guidance and capital allocation priorities.