LTCH CFO Jeffrey Mayfield Buys 130,000 Shares
Jeffrey Mayfield, CFO of LTCH, purchased 130,000 shares on June 12, 2026.
Key Points
- On June 12, 2026, LTCH CFO Jeffrey Mayfield purchased 130,000 shares, with the stock priced at $0.18.
- LTCH shares are currently trading at $0.18, reflecting the company's ongoing market position.
- Insider activity at LTCH also included purchases by CEO David Lillis and Chief Product Officer Ryan Salmons.
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On June 12, 2026, Jeffrey Mayfield, the Chief Financial Officer of LTCH, bought 130,000 shares of the company. The transaction took place as LTCH's stock was trading at $0.18. This purchase was not part of a pre-arranged trading plan.
Insider Buying and Selling at Latch, Inc.
In addition to Jeffrey Mayfield's purchase, other notable insider transactions occurred at LTCH on the same day. David Lillis, the Chief Executive Officer, acquired 968,179 shares, while also selling 257,816 shares at a price of $0.20 each. Meanwhile, Ryan Salmons, the Chief Product & Technology Officer, bought 500,000 shares and sold 59,895 shares at $0.20 per share. These transactions were not conducted under Rule 10b5-1 plans.
Latch, Inc. Stock Up 2.9%
LTCH shares are currently trading at $0.18. The stock's recent activity comes amid a broader focus on the company's performance and insider transactions.
$LTCH stock price
Daily closing prices, year to date. Not investment advice.
Bottom Line
Jeffrey Mayfield's recent purchase of 130,000 shares of LTCH highlights ongoing insider confidence in the company. Investors often track such transactions for insights into management's perspective on the company's future. However, it's important to note that insider trades are just one of many factors to consider when evaluating a stock.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.