PN just filed format 4 after hours today showing lots of company buy backs of shares at prices from 6.13 to 7.
Maybe someone more knowledgeable could comment on the 43,553 shares the CEO transferred to the company. It’s only about 1/3 of 1% of his shares, but seems like he gave them up to the PN company which he is the majority owner. Since it doesn’t list a price, does that mean he just transferred them vice sold them?
Board is quickly taking actions to increase shareholder value as they stated as their goal recently. The stock prices are reflecting favorable market reaction or their company buy back is what was driving the price up the last week.