Thomas R. Knott, See remarks, 10% Owner at GPGI, Inc. (GPGI), bought 85,250 shares at $11.67 ($995K) on 2026-06-11, disclosed to the SEC on 2026-06-15.
Thomas R. Knott purchased 85,250 shares of GPGI at $11.67 on June 11, 2026, marking the largest insider purchase in the company's history. This significant accumulation suggests high confidence in the stock's recovery potential following a 25% decline over the past 90 days.
The stock is currently trading at $12.82, up 7.78% over the last five days but still down 25.81% from its 90-day high. It sits 14.16% above the 52-week low of $11.23, indicating the recent rally is pushing the price back toward recent support levels.
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The stock carries a high short interest of 23.07%, which could exacerbate volatility if the recovery thesis fails. Additionally, the company reported a Q1 2026 net loss of $235 million, driven by a $154.1 million loss from its equity-method investment in GPGI Holdings following the Husky acquisition.
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