Panigrahi Bhaskar 4

What Happened
Panigrahi Bhaskar, CEO of ConnectM Technology Solutions, made open-market purchases of company stock on June 10 and June 11, 2026. He acquired 1,309 shares on 2026-06-10 at $8,887.00 per share (total $11,633,083) and 2,050 shares on 2026-06-11 at $14,280.00 per share (total $29,274,000), for an aggregate purchase of 3,359 shares worth $40,907,083. These transactions are purchases (reporting code P), which many investors view as a sign of insider buying activity.

Key Details

• Transaction dates and prices:
  • 2026-06-10: 1,309 shares at $8,887.00 each — $11,633,083
  • 2026-06-11: 2,050 shares at $14,280.00 each — $29,274,000
• Aggregate: 3,359 shares purchased through the CEO’s brokerage account (Footnote F1) for $40,907,083 total.
• Shares owned after transaction: Not specified in the information provided in this filing.
• Filing timing: Report filed 2026-06-22 for trades on 2026-06-10 and 2026-06-11. Form 4 is normally due within two business days of the transaction, so this filing appears to have been submitted late (timeliness flag: L).
• No 10b5-1 plan, tax withholding, or other special instructions are disclosed in the provided footnote.

Context
This filing documents direct open-market purchases by the CEO (not option exercises, gifts, or awards). Insider purchases are often watched by retail investors as a sign of confidence, but they do not prove future stock performance. The filing lacks details on total post-transaction ownership and any trading plan, so interpret the activity as factual disclosure of purchases without inferring motive.