Latest Insider Trading
Filed: 2026-04-28
Key Insights
- Carl Russo, a Director and 10% Owner of CALX, executed significant stock sales totaling 25,000 shares on 04/27/2026 at prices ranging from $42.62 to $43.76, generating approximately $1.09 million in proceeds.
- The sales were conducted pursuant to a Rule 10b5-1 trading plan adopted on April 25, 2025, indicating pre-planned, systematic selling rather than reactive trading, which reduces concerns about sudden loss of confidence.
- Russo maintains substantial beneficial ownership of approximately 1.648-1.664 million shares through direct holdings and The Crescentico Trust, plus additional indirect ownership through Equanimous Investments, demonstrating continued significant stake in the company.
- The reported transactions represent routine insider portfolio management rather than a major strategic shift, as Russo retains multi-million share positions after the sales.