CEO Jane Smith made a $420K open-market buy at $28.50 — a +47% increase in her direct holdings after a 32% drawdown.
This is her 3rd buy in 5 months with no 10b5-1 plan. Stock trades at 0.9× book with improving gross margins (QoQ +3.2pp). The CFO bought $180K two weeks prior — forming a 2-insider cluster.
