The dual-founder buying cluster at $17-$17.79 is a high-conviction signal from the most informed insiders. Monitor for an upcoming earnings release or material positive catalyst — the cluster timing (post-heavy insider selling) suggests a valuation floor.
Price Chart
Executive Summary
Founders and co-CEOs Jabbok Schlacks and William Schlacks purchased a combined $880K in open-market buys over a 4-day window, with the largest cluster on Aug 31-Sep 2. This is a strong insider conviction signal from the two top executives, representing ~0.02% of market cap — modest in proportion but amplified by the C-suite cluster nature and the founders' informational advantage. The buying follows a period of heavy insider selling ($45M in prior 30 days), suggesting the founders see value at current levels despite broader insider distribution patterns.
Key Financial Metrics
Key Facts
- Founder & CEO Jabbok Schlacks purchased 40,500 shares ($702,980) on Aug 31, Sep 1, and Sep 2
- Founder & President William Schlacks purchased 10,000 shares ($177,900) on Sep 2
- Total cluster value: $880,880 in open-market purchases by both founders
- Prior 30 days saw $45M in insider sales — this buying cluster is a notable reversal pattern
- Market cap is $4.6B; cluster value is ~0.02% of market cap, modest in proportion but amplified by C-suite cluster signal
Financial Impact
Founders deployed $880K in open-market purchases over 4 days, representing ~0.02% of $4.6B market cap
Risk Factors
- Insider buying at 0.02% of market cap is small in absolute proportion; the signal may not move the stock if broader selling pressure continues
- Prior 30-day insider selling of $45M dwarfs this $880K buy cluster — the net insider flow remains heavily negative
- The company has no recent earnings or material event filing to explain the buying; it may be a personal portfolio rebalancing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-EQPT-1788588484151 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $16.33 | awaiting T+1 | — | $16.26 (−0.43%) |
Oct 19, 2026 8d ago | 8-K | $13.95 $15.60 | ▲ +11.83% | ▲ +11.49% | $16.26 (+16.56%) |
Sep 16, 2026 5w ago | Insider Buy | $18.37 $18.03 | ▼ −1.85% | ▼ −1.73% | $16.26 (−11.49%) |
Sep 4, 2026 7w ago | Insider Cluster | $19.40 $18.75 | ▼ −3.35% | ▼ −2.89% | $16.26 (−16.19%) |
Sep 1, 2026 7w ago | Insider Cluster | $17.81 $18.14 | ▲ +1.85% | ▲ +0.81% | $16.26 (−8.70%) |
Aug 24, 2026 9w ago | Insider Cluster | $18.47 $18.06 | ▲ +2.22% | ▲ +2.24% | $16.26 (+11.97%) |
Aug 18, 2026 9w ago | Insider Cluster | $19.68 $18.27 | ▲ +7.16% | ▲ +6.32% | $16.26 (+17.38%) |
Aug 18, 2026 9w ago | 144 | $19.68 $18.27 | ▲ +7.16% | ▲ +6.32% | $16.26 (+17.38%) |
Aug 14, 2026 10w ago | 144 | $21.43 $19.54 | ▲ +8.82% | ▲ +8.14% | $16.26 (+24.13%) |
Aug 14, 2026 10w ago | 144 | $21.43 $19.54 | ▼ −8.82% | ▼ −8.14% | $16.26 (−24.13%) |
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.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers