SoFi CEO enters prepaid forward contract on 1.5 million shares
Vininder Singh, the Chief Executive Officer of BullFrog AI Holdings, Inc. (NASDAQ:BFRG), recently executed a stock sale involving 5,895 shares of the company’s common stock. The transaction comes as the stock trades near its 52-week low of $1.35, having declined about 47% over the past six months, according to InvestingPro data. The shares were sold at an average price of $1.3039 per share, totaling approximately $7,686. This transaction was conducted under a Rule 10b5-1 sales plan, which allows insiders to set up a predetermined plan to sell stocks. Following this sale, Singh retains direct ownership of 2,342,446 shares in the company. The micro-cap company, currently valued at $13.3 million, maintains strong liquidity with a current ratio of 9.43, though InvestingPro analysis indicates the stock is currently fairly valued. InvestingPro subscribers have access to 8 additional key insights about BFRG’s financial health and market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.