STLN 10% owner reports $11.4M share sale
The large sale by a 10% owner is a bearish insider signal, though the subsequent smaller purchase makes the overall picture less decisive.
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The large sale by a 10% owner is a bearish insider signal, though the subsequent smaller purchase makes the overall picture less decisive.
What happened, with direct paths to the underlying reporting
10% owner Jorey Chernett reported selling 2,851,061 STLN shares for approximately $11.38 million. A later reported purchase by Chernett was much smaller, at about $176,000, tempering but not offsetting the sale signal.
Insider: Chernett Jorey
Role: 10 percent owner
Transaction: S-Sale
Shares: 2,851,061
Price: $3.99
Value: $11,375,733
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