Cluster insider buying, especially by the Chairman, is a strong positive signal. Monitor for upcoming earnings or material news that may have prompted these purchases. The small dollar amount relative to market cap limits the immediate price impact, but the pattern warrants attention.
Price Chart
Executive Summary
Three AII insiders, including the Chairman, made open-market purchases totaling ~$200K over a 5-day window. This is a cluster buy from senior insiders, which historically carries a strong bullish signal. The total value is ~0.06% of market cap, which is below the 0.1% materiality threshold, but the cluster nature and C-suite participation elevate the signal.
Key Financial Metrics
Key Facts
- Chairman David Lewis Clark purchased 5,830 shares at $17.15 for ~$100K on 2026-05-22.
- Director Steven B. Mathis purchased 3,000 shares at $16.82 for ~$50K on 2026-05-26.
- Director Steven E. Smathers purchased 2,900 shares at $16.99 for ~$49K on 2026-05-22.
- Total cluster buy value is ~$200K, representing ~0.06% of AII's $326M market cap.
- All three trades are open-market purchases (code P), not grants or tax withholdings.
Financial Impact
~$200K in insider purchases, ~0.06% of market cap
Risk Factors
- Small absolute dollar amount (~0.06% of market cap) limits signal strength.
- Insiders may be buying for diversification or tax reasons, not informational advantage.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AII-1779918897924 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 11d ago | EFFECT | $27.50 | awaiting T+20 | — | $28.59 (+3.96%) |
Jun 11, 2026 19w ago | Insider Buy | $17.01 $19.02 | ▲ +11.82% | ▲ +10.04% | $28.59 (+68.08%) |
Jun 11, 2026 19w ago | Institutional Cluster | $16.86 $19.16 | ▲ +13.64% | ▲ +11.75% | $28.59 (+69.57%) |
May 27, 2026 21w ago | Insider Cluster | $16.60 $18.72 | ▲ +12.77% | ▲ +15.92% | $28.59 (+72.23%) |
May 27, 2026 21w ago | Insider Cluster | $16.60 $18.72 | ▲ +12.77% | ▲ +15.92% | $28.59 (+72.23%) |
May 20, 2026 22w ago | 8-K | $16.86 $17.30 | ▲ +2.61% | ▲ +2.28% | $28.59 (+69.57%) |
Apr 17, 2026 27w ago | DEFA14A | $19.26 $16.93 | ▼ −12.10% | ▼ −16.30% | $28.59 (+48.44%) |
Feb 24, 2026 35w ago | 8-K | $19.01 $19.08 | ▲ +0.36% | ▲ +5.60% | $28.59 (+50.39%) |
US Market Status
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