Large insider share sales at Realloys (NASDAQ: ALOY) by 10% owner
Rhea-AI Filing Summary
REALLOYS INC. disclosed that 10% owner Kepler Gust, President of Blackbox.io Inc., reported multiple stock sales. On March 16, 2026, he sold 71,000 shares of common stock at $11.0072 per share, leaving 476,218 common shares held directly after this transaction.
On March 13, 2026, he sold a further 49,000 common shares at $12.3056 per share. Earlier, on February 24, 2026, he sold 1,634,999 shares of Series A Convertible Preferred Stock, which is convertible into common stock on a one-for-one basis, for $1.00 per preferred share and has no expiration date.
Positive
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Insights
Large net insider stock sales by a 10% owner, including preferred shares.
A 10% owner of REALLOYS INC., Kepler Gust, executed open-market sales of common stock and sold a substantial block of Series A Convertible Preferred Stock. In total, reported sales covered 1,754,999 shares across common and preferred securities, according to the transaction summary.
The common stock sales were 49,000 shares at $12.3056 and 71,000 shares at $11.0072 per share. The preferred stock, which is convertible into common stock at a one-for-one rate with no expiration, involved 1,634,999 shares sold at $1.00 per share. After the latest transaction, Gust directly holds 476,218 common shares.
These transactions represent a clear net-sell pattern by a significant shareholder, but the filing does not state the company’s total shares outstanding, so the proportional impact on overall ownership cannot be assessed from this information alone. The economic and governance implications depend on REALLOYS INC.’s broader capital structure disclosed in other company materials.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 71,000 | $11.0072 | $782K |
| Sale | Common Stock, par value $0.001 per share | 49,000 | $12.3056 | $603K |
| Sale | Series A Convertible Preferred Stock, par value $0.001 | 1,634,999 | $0.00 | -- |
Footnotes (1)
- The Series A Convertible Preferred Stock has no expiration date and is convertible at any time in whole or in part at the election of the holder at a conversion rate of one share of Common Stock for each share of Series A Convertible Preferred Stock. The 1,634,999 shares of Series A Convertible Preferred Stock were sold for $1.00.