The modest open-market buying by two directors may signal confidence, but the volume is too small relative to market cap to suggest strong conviction. Traders should monitor for follow-up purchases or broader insider participation.
Price Chart
Executive Summary
A single director and the CEO made open-market purchases totaling $377,258, while several executives received non-cash stock awards and had shares withheld for taxes. The only meaningful buying activity came from two insiders, with the rest of the transactions being routine compensation events.
Key Financial Metrics
Key Facts
- Director Forbes James D purchased 5,000 shares for $62,400 in open-market trading.
- Director Lucier Gregory T purchased 22,445 shares for $314,858 in open-market trading.
- CEO Scavilla Daniel T was awarded 2,211,689 shares at $0 (non-cash event).
- Multiple executives received stock awards and had shares withheld for tax obligations, all non-cash transactions.
- Total open-market purchases: $377,258 (0.015% of $2.5B market cap).
Financial Impact
$377,258 in net insider buying over 7 days
Risk Factors
- Most transactions were non-cash awards or tax withholdings, which are routine and not indicative of sentiment.
- Only two insiders engaged in open-market buying, limiting the signal strength.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (16 trades, 7d window) | cluster-XRAY-1773087610663 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Institutional Cluster | $10.50 $9.38 | ▼ −10.71% | ▼ −10.22% | $8.67 (−17.43%) |
Jun 16, 2026 15w ago | Insider Cluster | $10.03 $10.52 | ▲ +4.89% | ▲ +5.93% | $8.67 (−13.56%) |
Jun 15, 2026 15w ago | Insider Cluster | $10.45 $10.20 | ▼ −2.39% | ▼ −0.16% | $8.67 (−17.03%) |
Jun 11, 2026 16w ago | 8-K | $10.14 $10.03 | ▼ −1.08% | ▼ −1.52% | $8.67 (−14.50%) |
May 5, 2026 21w ago | 8-K | $11.14 $11.00 | ▲ +1.26% | ▲ +2.39% | $8.67 (+22.17%) |
May 5, 2026 21w ago | Press Release | $11.14 $11.00 | ▼ −1.26% | ▼ −2.39% | $8.67 (−22.17%) |
Apr 22, 2026 23w ago | Press Release | $11.90 $11.48 | ▼ −3.53% | ▼ −5.01% | $8.67 (−27.14%) |
Mar 9, 2026 29w ago | Press Release | $12.80 $11.73 | ▼ −8.36% | ▼ −7.00% | $8.67 (−32.27%) |
Mar 3, 2026 30w ago | Insider Cluster | $13.30 $12.68 | ▼ −4.66% | ▼ −4.18% | $8.67 (−34.81%) |
Feb 24, 2026 31w ago | 8-K | $12.80 $13.44 | ▲ +5.00% | ▲ +6.10% | $8.67 (−32.27%) |
US Market Status
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