The dollar amount is too small to be economically meaningful — treat as symbolic alignment rather than a conviction signal. Monitor for larger insider purchases or any material corporate events (earnings, M&A, financing) that could explain the timing.
Price Chart
Executive Summary
CEO Charles Naugle and CFO Wade Newton each purchased $22K of SBMT stock in open-market transactions on May 18, 2026, at $8.83 per share. The $44K total represents ~0.017% of market cap, a trivial amount that does not signal material conviction despite being a C-suite cluster buy.
Key Financial Metrics
Key Facts
- CEO Charles Naugle purchased 2,500 shares at $8.83 for $22,075 on May 18, 2026
- CFO Wade Newton purchased 2,500 shares at $8.83 for $22,075 on May 18, 2026
- Total cluster value: $44,150, representing ~0.017% of $261M market cap
- Both transactions were open-market purchases (code P)
- Prior 30-day insider activity: 4 buys totaling $99K
Financial Impact
Total insider purchases of $44K, less than 0.02% of market cap
Risk Factors
- Insider purchases are trivial relative to market cap, providing no meaningful signal
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SBMT-1779209896354 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | DEFA14A | $6.23 | awaiting T+20 | — | $6.73 (+8.03%) |
Oct 23, 2026 3d ago | 8-K | $6.23 | awaiting T+20 | — | $6.73 (+8.03%) |
Oct 16, 2026 10d ago | 8-K | $6.57 | awaiting T+20 | — | $6.73 (+2.44%) |
Oct 8, 2026 18d ago | 8-K | $7.80 | awaiting T+20 | — | $6.73 (−13.72%) |
Oct 5, 2026 21d ago | 8-K | $8.06 | awaiting T+20 | — | $6.73 (−16.50%) |
Sep 22, 2026 4w ago | DEFA14A | $8.53 $6.39 | ▼ −25.09% | ▼ −24.53% | $6.73 (−21.10%) |
Sep 22, 2026 4w ago | 8-K | $8.53 $6.39 | ▼ −25.09% | ▼ −24.53% | $6.73 (−21.10%) |
Sep 17, 2026 5w ago | 3/A | $7.79 $7.38 | ▼ −5.26% | ▼ −6.47% | $6.73 (−13.61%) |
Aug 24, 2026 9w ago | 8-K | $9.15 $8.24 | ▼ −9.95% | ▼ −10.92% | $6.73 (−26.45%) |
Jul 29, 2026 12w ago | 8-K | $6.84 $8.85 | ▲ +29.39% | ▲ +25.42% | $6.73 (−1.61%) |
US Market Status
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