LSF9 Cypress Parent 2 LLC, 10% Owner at Foundation Building Materials, Inc. (FBM), sold 712,500 shares at $16.28 ($11.6M) on 2019-10-16, disclosed to the SEC on 2019-10-16.
Open-market sale of $11.6M FBM by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.