Cuentas Inc.·4

Jul 27, 5:18 PM ET

Maimon Shalom Arik 4

Research Summary

AI-generated summary

Updated

Cuentas (CUEN) CEO Maimon Shalom Arik Buys 26,900 Shares

What Happened
Maimon Shalom Arik, CEO of Cuentas Inc. (CUEN), made a series of open-market purchases (transaction code P) totaling 26,900 shares between July 23 and July 27, 2026, spending approximately $12,861. Trades ranged in size and price — from 10 shares at $0.58 up to blocks of 2,500–3,800 shares — with prices between $0.35 and $0.70 and an average price of about $0.48 per share. These were purchases (buys), not sales.

Key Details

  • Dates: July 23, 24 and 27, 2026. Prices ranged $0.35–$0.70; average ≈ $0.48/share.
  • Total shares bought: 26,900. Total cash spent: ~$12,861.
  • Largest single-day volumes reported: 12,300 shares on 7/23; 10,000 shares on 7/27; 4,600 shares on 7/24. Largest single trade listed: 3,800 shares at $0.55 ($2,090).
  • Shares owned after the transactions: not provided in the summary above — see the Form 4 for post-transaction holdings.
  • Footnotes/plan: the provided details show open-market purchases (P); no 10b5-1 plan or other special footnotes were disclosed in the summary you gave.
  • Filing timeliness: Form 4 was filed on 2026-07-27. Given the trade dates (7/23–7/27) the filing appears to have been made within the SEC’s required window (i.e., timely).

Context
Open-market purchases by an executive simply show the insider acquired shares; they do not prove intent or future performance. For retail investors, purchases can be interpreted as a direct insider buy (often considered a positive signal), but you should review the full Form 4 and other company filings for exact post-trade holdings and any disclosures before drawing conclusions.