The persistent selling by a top insider (Officer/Director) through his entity is a bearish signal. Traders should watch for further Form 144 or Form 4 filings; the pattern suggests potential lack of confidence ahead of upcoming events. Consider reducing exposure or hedging until selling subsides.
Price Chart
Executive Summary
Officer and Director Jeffrey L. Radke filed a Form 144 to sell 30,000 Class A shares (~$425k), continuing a heavy selling pattern by his entity Badly Bent LLC, which has sold over 400,000 shares worth ~$5.5M in the past month. This signals sustained insider distribution at a time when the stock has underperformed historically following similar reports.
Key Facts
- Jeffrey L. Radke (Officer and Director) proposes to sell 30,000 Class A common shares, estimated value $424,726.04
- Radke's entity Badly Bent LLC has sold 414,777 shares worth ~$5.45M in the prior month (June 23 – July 20, 2026)
- Shares were acquired as compensation on January 3, 2022
- Market cap is $3.0B; the proposed sale represents ~0.014% of shares outstanding
Financial Impact
Proposed sale of $424,726; prior month sales by same entity total ~$5.45M
Risk Factors
- Continued insider selling could pressure the stock
- Negative signal from officer/director selling large blocks
- Historical reports on ARX show negative average T+20 alpha (-3.58%)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001957799-26-000131 |
| Document: 0001957799-26-000131-index.html | 0001957799-26-000131 |
| Document: 0001957799-26-000131.txt | 0001957799-26-000131 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 7w ago | DEFA14A / 8-K | $19.58 $19.83 | ▲ +1.28% | ▲ +3.27% | $19.73 (+0.77%) |
Aug 14, 2026 7w ago | Insider Cluster | $19.58 $19.83 | ▼ −1.28% | ▼ −3.27% | $19.73 (−0.77%) |
Aug 13, 2026 7w ago | DEFA14A | $19.51 $19.84 | ▲ +1.69% | ▲ +3.44% | $19.73 (+1.13%) |
Aug 13, 2026 7w ago | 8-K | $19.51 $19.84 | ▲ +1.69% | ▲ +3.44% | $19.73 (+1.13%) |
Aug 12, 2026 7w ago | Insider Cluster | $13.61 $19.84 | ▲ +45.78% | ▲ +47.67% | $19.73 (+44.97%) |
Aug 5, 2026 8w ago | Insider Cluster | $12.26 $19.70 | ▼ −60.69% | ▼ −61.29% | $19.73 (−60.93%) |
Jul 29, 2026 9w ago | Insider Cluster | $11.20 $19.69 | ▲ +75.80% | ▲ +71.84% | $19.73 (+76.16%) |
Jul 29, 2026 9w ago | Insider Cluster | $12.40 $19.67 | ▲ +58.63% | ▲ +53.61% | $19.73 (+59.11%) |
Jul 28, 2026 9w ago | Insider Cluster | $14.72 $19.67 | ▼ −33.63% | ▼ −30.25% | $19.73 (−34.04%) |
Jul 24, 2026 10w ago | 144 | $14.23 $19.59 | ▼ −37.67% | ▼ −34.04% | $19.73 (−38.65%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access