Jabbok Schlacks, Co-Founder & CEO at EquipmentShare.com Inc (EQPT), bought 50,000 shares at $20.83 ($1.1M) on 2026-06-15, disclosed to the SEC on 2026-06-17.
CEO Jabbok Schlacks purchased 28,300 shares for $589,489, signaling confidence in the company's recent financial performance and strategic initiatives. This insider buying coincides with a recent 20.88% five-day rally, though the stock remains down 30% over the past three months.
EQPT is currently trading at $22.32, up 20.88% over the last five days, yet it remains 37.13% below its 52-week high of $35.50.
Catalysts include the June 16 announcement of a $1.05B senior secured notes offering to repay existing borrowings, and the May 14 Q1 earnings call where management raised its full-year outlook citing strong demand.
The stock faces significant risk given its high short interest of 10.93%, and recent analysis notes that momentum has faded recently despite underlying revenue strength.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $20.83 | 28,300 | $589K | 55.8% |
| 2 | $21.50 | 21,700 | $467K | 44.2% |
| Total | $21.12 avg | 50,000 | $1.1M | 100% |