Fossil group CFO Greben buys $49,932 in company stock

Published 26/11/2025, 02:04
Fossil group CFO Greben buys $49,932 in company stock

Fossil Group, Inc. NASDAQ:FOSL Chief Financial Officer Randy J. Greben reported purchasing 20,980 shares of the company’s common stock on November 24, 2025. The shares were acquired in one transaction, with the price per share at $2.38, representing a total transaction value of $49,932. This insider purchase comes as Fossil’s stock has shown remarkable momentum, with a 45% return over the past week and nearly 98% over the last six months, according to InvestingPro data.

According to a footnote in the Form 4 filing with the Securities and Exchange Commission, the prices paid for the shares ranged from $2.36 to $2.40. Following the transaction, Greben directly owns 170,980 shares of Fossil Group, Inc., including 150,000 Restricted Stock Units subject to a vesting schedule.This insider purchase occurs while Fossil operates with a significant debt burden and is quickly burning through cash. The company is not expected to be profitable this year, with analysts anticipating sales decline. InvestingPro offers 16 additional investment tips and a comprehensive Pro Research Report on Fossil Group, providing crucial insights for investors considering this volatile stock.

In other recent news, Fossil Group reported mixed third-quarter results, with revenue surpassing expectations but earnings falling short. The company achieved a revenue of $270.2 million, exceeding the consensus estimate of $233.32 million, despite a 6.1% decline compared to the same quarter last year. However, Fossil posted an adjusted loss per share of -$0.63, significantly below analyst expectations of -$0.25. In another development, S&P Global Ratings upgraded Fossil Group to ’CCC+’ from ’SD’ following a debt restructuring. This restructuring involved exchanging $150 million in senior unsecured notes for new secured notes and included $32.5 million in new funds, extending the earliest debt maturity to January 2029. Despite the upgrade, S&P maintained a negative outlook on the company. These recent developments highlight the financial challenges and strategic adjustments Fossil Group is navigating.

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