Insider Cluster (2 insiders) ·Filed Mar 18, 2026
Insider cluster: 2 insiders, $46K total
Actionable Insight • Neutral
No material financial impact; the small size and offsetting nature of the trades suggest personal financial planning rather than a signal about company prospects. Monitor for larger or more concentrated transactions.
Final — all horizons settled through T+60d
CTM ▼ -7.83% at T+60d
NEUTRAL call -7.83% · α vs SPY -22.23% · entry $0.7765 → $0.7157
T+1d
-3.59%
call -3.59% · α -1.89%
$0.7486
settled 7mo ago
T+5d
-15.74%
call -15.74% · α -13.51%
$0.6543
settled 7mo ago
T+20d
-6.05%
call -6.05% · α -13.68%
$0.7295
settled 6mo ago
T+60d
-7.83%
call -7.83% · α -22.23%
$0.7157
settled 5mo ago
Price Chart
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Executive Summary
A director sold $44K of CTM shares while the COO bought $2.4K in open-market transactions on the same day. The trades are small in absolute value and represent less than 0.1% of the company's $73M market cap, indicating routine personal transactions.
Key Financial Metrics
Direction
selling
Total Value
$41.7K
Insiders
2
Key Facts
- Director McMillen sold 55,000 shares for $44,099 in an open-market transaction.
- COO Merriman purchased 3,000 shares for $2,394.90, also in the open market.
- Total net dollar value of the cluster is $41,704 in sales after offsetting purchase.
- Combined transaction value represents ~0.06% of CTM's $73M market cap.
Financial Impact
$41.7K net selling by insiders
insider ownershipmarket sentiment
Risk Factors
- Perception of insider divergence: a director selling while an officer buys could be misinterpreted as conflicting sentiment.
- Low liquidity in a small-cap stock like CTM could amplify short-term price swings from even minor trades.
Market Snapshot
Exchange
NYSE
Investment Themes
Services
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-CTM-1774036904965 |
15 reports for CTM
50% Hit rate @ T+5 Went positive at some point 2 of 4 best @ T+5▲ +5.11%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 8-K | $0.5785 $0.5868 | ▲ +1.43% | ▲ +0.98% | $0.5137 (−11.20%) |
Jul 31, 2026 12w ago | 8-K | $0.7350 $0.6101 | ▼ −16.99% | ▼ −19.02% | $0.5137 (−30.11%) |
Jul 31, 2026 12w ago | Press Release | $0.7177 $0.6151 | ▼ −14.30% | ▼ −17.81% | $0.5137 (−28.42%) |
Jul 2, 2026 16w ago | 8-K | $0.6950 $0.6710 | ▼ −3.45% | ▼ −4.38% | $0.5137 (−26.09%) |
Jun 24, 2026 17w ago | 8-K | $0.7237 $0.7295 | ▲ +0.80% | ▼ −0.76% | $0.5137 (−29.02%) |
Jun 15, 2026 19w ago | Press Release | $0.7157 $0.7523 | ▲ +5.11% | ▲ +6.50% | $0.5137 (−28.22%) |
May 18, 2026 23w ago | 8-K | $0.6580 $0.8100 | ▲ +23.10% | ▲ +21.48% | $0.5137 (−21.93%) |
May 13, 2026 23w ago | 8-K | $0.6710 $0.6520 | ▼ −2.83% | ▼ −1.67% | $0.5137 (−23.44%) |
May 8, 2026 24w ago | Press Release | $0.7530 $0.6880 | ▼ −8.63% | ▼ −10.10% | $0.5137 (−31.78%) |
Apr 23, 2026 26w ago | 8-K | $0.6900 $0.6650 | ▼ −3.62% | ▼ −4.53% | $0.5137 (−25.55%) |
Showing 10 of 15
US Market Status
Market Closed — Opens Wed (16h 9m)
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