Insider Tracker SEC Form 4 insider trades
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XBP

XBP Global Holdings, Inc.

AI summary Insiders and major holders participate in a private placement (PIPE Transaction)

70
Insider Score Band 60–79
Research score
77
AI adjustment
-7

Research score, not a recommendation.

Total bought$2.4M6 Form 4 purchases
Distinct insiders4open-market buyers
Lead insiderJonovic AndrejCEO
Cluster window2026-09-15single day · active

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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same price, one day All 6 purchases were at $2.83 on 2026-09-15. That pattern also occurs in IPO or conversion subscriptions, which are not open-market conviction buying.

Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders
63%
Seniority executive rank of buyers (CEO/CFO/Director)
79%
Commitment purchase size relative to company & holdings
98%
Context buying into stock weakness signals conviction
100%
Timing coordinated purchases within a tight window
100%
Routine-purchase discount × 1.00
Company-type / offering discount × 0.50
Net insider selling penalty − 0

Why are they buying?

AI · ipo_offering · catalyst explicit · documented

The purchases were made directly pursuant to a Securities Purchase Agreement dated September 11, 2026, relating to a private placement (PIPE transaction) that closed on September 15, 2026.

Company executives and major shareholders, including CEO Andrej Jonovic, CFO Dejan Avramovic, director Par Chadha, and 10% owner Marc Lasry via Avenue Funds, acquired shares at $2.83 per share in a company-led unregistered offering.

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

Loading price history…

Transactions

6 Form 4 trades · 4 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Flags Filing
2026-09-15 LASRY MARC history of LASRY MARC's purchases 10% owner 600,000 $2.83 avg $1.7M
offering
2026-09-15 LASRY MARC 202,287 $2.83 $572.5K
offering
SEC filing for LASRY MARC (opens in a new tab)
2026-09-15 LASRY MARC 325,319 $2.83 $920.7K
offering
SEC filing for LASRY MARC (opens in a new tab)
2026-09-15 LASRY MARC 72,394 $2.83 $204.9K
offering
SEC filing for LASRY MARC (opens in a new tab)
2026-09-15 CHADHA PAR history of CHADHA PAR's purchases Director 204,946 $2.83 $580.0K
offering
SEC filing for CHADHA PAR (opens in a new tab)
2026-09-15 Jonovic Andrej history of Jonovic Andrej's purchases CEO 31,500 $2.83 $89.1K
offering
SEC filing for Jonovic Andrej (opens in a new tab)
2026-09-15 Avramovic Dejan history of Avramovic Dejan's purchases CFO 8,833 $2.83 $25.0K
offering
SEC filing for Avramovic Dejan (opens in a new tab)
Total $2.4M

What happened next

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days –63 days –126 days –