Insider at

04

Insider transactions

05
1 buys (P) 0 sells (S) Net: $74,500 Avg return of open purchases vs now: -9.0% last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

DateTickerCodeSharesPriceValue Owned afterΔ ownA/Dvs now
March 5, 2026 MSDL P 5,000 $14.90 $74,500 22,818 Indirect +28.06% Acquired -9.0% (price as of 2026-10-05)
Aug. 12, 2025 MSDL P 5,650 $17.70 $100,005 17,818 Indirect +46.43% Acquired -23.4% (price as of 2026-10-05)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Initial ownership (Form 3) 1 holding

07

Securities held when first becoming an insider, per SEC Form 3.

DateTickerSecuritySharesOwnership
Aug. 5, 2025 MSDL Common Stock, par value $0.001 per share 12,168 Indirect