CTM CLUSTER SEC Filing Analysis

Final — all horizons settled through T+60d

CTM ▼ -11.39% at T+60d

NEUTRAL call ✗ call lost -11.39% · α vs SPY -22.92% · entry $0.7900 → $0.7000

Last close $0.7010 (close Jun 12) · -11.27% from $0.7900 entry

Entry anchored
Mar 17, 03:57 PM ET
via Databento tick

T+1d

-1.65%

call -1.65% · α -1.38%

$0.7770

settled 3mo ago

T+5d

-11.77%

call -11.77% · α -11.06%

$0.6970

settled 3mo ago

T+20d

-11.27%

call -11.27% · α -17.31%

$0.7010

settled 2mo ago

T+60d

-11.39%

call -11.39% · α -22.92%

$0.7000

settled 4d ago

Price Chart

Loading chart...

Executive Summary

A director sold $44K of CTM shares while the COO bought $2.4K in open-market transactions on the same day. The trades are small in absolute value and represent less than 0.1% of the company's $73M market cap, indicating routine personal transactions.

Key Financial Metrics

Direction

selling

Total Value

$41.7K

Insiders

2

Actionable Insight

No material financial impact; the small size and offsetting nature of the trades suggest personal financial planning rather than a signal about company prospects. Monitor for larger or more concentrated transactions.

Key Facts

Director McMillen sold 55,000 shares for $44,099 in an open-market transaction.
COO Merriman purchased 3,000 shares for $2,394.90, also in the open market.
Total net dollar value of the cluster is $41,704 in sales after offsetting purchase.
Combined transaction value represents ~0.06% of CTM's $73M market cap.

Financial Impact

$41.7K net selling by insiders

insider ownershipmarket sentiment

Risk Factors

Perception of insider divergence: a director selling while an officer buys could be misinterpreted as conflicting sentiment.
Low liquidity in a small-cap stock like CTM could amplify short-term price swings from even minor trades.

Market Snapshot

Exchange

NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

Document	Accession Number
CONTEXT: Insider Cluster Data (2 trades, 7d window)	cluster-CTM-1774036904965

9 reports for CTM

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for CTM — sortable, filterable
	Type				Now
May 18, 2026 27d ago	8-K NEUTRAL ★ 4/10	$0.6580 $0.8100	▲ +23.10%	▲ +21.48%	$0.7010 (+6.53%)
May 13, 2026 4w ago	8-K MIXED ★ 6/10	$0.6710 $0.6520	▼ −2.83%	▼ −1.67%	$0.7010 (+4.47%)
May 8, 2026 5w ago	Press Release NEUTRAL ★ 5/10	$0.7530 $0.6880	▼ −8.63%	▼ −10.10%	$0.7010 (−6.91%)
Apr 23, 2026 7w ago	8-K NEUTRAL ★ 4/10	$0.6900 $0.6650	▼ −3.62%	▼ −4.53%	$0.7010 (+1.59%)
Apr 7, 2026 9w ago	DEFA14A NEUTRAL ★ 3/10	$0.6690 $0.7190	▲ +7.47%	▲ +3.96%	$0.7010 (+4.78%)
Mar 26, 2026 11w ago	Insider Cluster NEUTRAL ★ 3/10	$0.6540 $0.6440	▼ −1.53%	▼ −3.16%	$0.7010 (+7.19%)
Mar 18, 2026 12w ago	Insider Cluster NEUTRAL ★ 3/10	$0.7900 $0.6970	▼ −11.77%	▼ −11.06%	$0.7010 (−11.27%)
Mar 5, 2026 14w ago	8-K BULLISH ★ 7/10	$0.9000 $0.8300	▼ −7.78%	▼ −6.25%	$0.7010 (−22.11%)
Mar 4, 2026 14w ago	Press Release BULLISH ★ 7/10	$0.9290 $0.8520	▼ −8.29%	▼ −6.05%	$0.7010 (−24.54%)

US Market Status

Market Closed — Opens in 4h 38m

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access