The dollar amount is immaterial relative to market cap, and the same-day timing suggests a routine liquidity event rather than informed selling. No bearish read-through warranted. Monitor for any subsequent 8-K filings (e.g., earnings, material agreements) that could explain the timing, but standalone this cluster is noise.
Price Chart
Executive Summary
CEO John Brian and President/Chairman Jason Ruegg sold a combined $302K of NXB stock on May 15, 2026. The CEO sale of $289K is the dominant transaction, representing approximately 0.09% of the company's market cap (based on a $326M market cap estimate from the $2.41 price and ~135M shares). This is a routine, small-dollar cluster relative to company size, and the sales occurred on the same day, likely tied to a common blackout-window opening or 10b5-1 plan rather than a coordinated bearish signal.
Key Financial Metrics
Key Facts
- CEO John Brian sold 120,000 shares at $2.41 for $289K on May 15, 2026.
- President/Chairman Jason Ruegg sold 5,000 shares at $2.64 for $13K on May 15, 2026.
- Total insider sales of $302K represent less than 0.1% of estimated market cap, well below the materiality threshold.
- Both sales occurred on the same day, suggesting a shared liquidity event (e.g., vesting, blackout window opening) rather than a bearish signal.
- No open-market purchases were reported in this cluster.
Financial Impact
Total insider sales of $302K, approximately 0.09% of market cap — trivial relative to company size.
Risk Factors
- If the sales are not part of a 10b5-1 plan, they could indicate management's view of near-term headwinds, though the small size limits concern.
- The company operates in ship & boat building, a cyclical sector — any broader industry downturn could amplify insider selling patterns.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NXB-1780090222697 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | 8-K | $1.71 $1.58 | ▲ +7.60% | ▲ +7.68% | $1.58 (+7.60%) |
Sep 4, 2026 7w ago | 8-K | $2.21 $2.27 | ▲ +2.71% | ▲ +3.92% | $1.58 (−28.51%) |
Aug 28, 2026 8w ago | 8-K | $2.19 $2.35 | ▲ +7.31% | ▲ +7.45% | $1.58 (−27.85%) |
Aug 18, 2026 10w ago | 8-K | $1.88 $2.06 | ▼ −9.57% | ▼ −9.96% | $1.58 (+15.96%) |
Aug 4, 2026 12w ago | 8-K | $2.23 $2.13 | ▼ −4.48% | ▼ −4.38% | $1.58 (−29.15%) |
Jul 23, 2026 13w ago | 8-K | $1.95 $1.93 | ▼ −1.28% | ▼ −1.66% | $1.58 (−18.97%) |
Jul 16, 2026 14w ago | 8-K | $2.07 $1.97 | ▼ −4.83% | ▼ −3.16% | $1.58 (−23.67%) |
Jul 1, 2026 16w ago | 8-K | $2.16 $2.24 | ▲ +3.70% | ▲ +3.44% | $1.58 (−26.85%) |
Jun 29, 2026 17w ago | 8-K | $2.50 $2.22 | ▼ −11.20% | ▼ −12.59% | $1.58 (−36.80%) |
Jun 26, 2026 17w ago | 8-K | $2.50 $2.22 | ▼ −11.20% | ▼ −12.59% | $1.58 (−36.80%) |
US Market Status
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