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Insider trading on November 13, 2025

5 insiders at 5 companies bought $4.5M of their own stock on the open market, across 7 transactions. The largest was Kutzkey Tim, Director, 10% Owner, buying $2.1M of Surrozen, Inc./DE (SRZN).

1 chief executive bought: Rosenstadt William S at BPAC.

Insiders sold $282.5K across 3 open-market sales. That is 0.1× the value bought. Selling routinely outweighs buying, because most executive pay is delivered in stock.

Bought
$4.5M
7 purchases
Sold
$282.5K
3 sales
Companies bought
5
5 insiders
CEO buys
1
chief executives

Open-market purchases

Code P only — insiders spending their own money, largest first.

SRZNPBUY$2.1M
Kutzkey Tim · Director, 10%…Nov 13, 2025
167,307 sh @ $12.65 · +21.0% own
SRZNPBUY$1.9M
Kutzkey Tim · Director, 10%…Nov 13, 2025
148,150 sh @ $12.65 · +21.0% own
MERCPBUY$217.5K
Kellogg Peter R · 10% OwnerNov 13, 2025
125,000 sh @ $1.74 · +10.5% own
MERCPBUY$172K
Kellogg Peter R · 10% OwnerNov 13, 2025
100,000 sh @ $1.72 · +9.1% own
WULFPBUY$50.2K
Bucella Michael C. · DirectorNov 13, 2025
4,178 sh @ $12.01 · +1.6% own
NOMAPBUY$30.8K
Sport City Cadiz S.L. · 10% OwnerNov 13, 2025
4,625 sh @ $6.66 · +<0.1% own
BPACPBUY
Rosenstadt William S · CEO and ChairmanNov 13, 2025
197,250 sh · +13.7% own

Open-market sales

Pre-arranged 10b5-1 trades are marked.

NRDSSSELL$207.1K
Yount Samuel · Chief Business…Nov 13, 2025
14,439 sh @ $14.34 · -3.6% own
WRAPSSELL$41.8K
Norris Elwood G · 10% OwnerNov 13, 2025
20,000 sh @ $2.09 · -10.0% own
FATSSELL$33.6K
Hot Gfg Llc · 10% OwnerNov 13, 2025
24,117 sh @ $1.40 · -1.3% own