Frank Bakker, President and CEO, has demonstrated a clear selling bias in his trading activity involving Westwater Resources (WWR), the only company in which he has reported transactions. According to SEC Form 4 filings, Bakker has executed 31 trades totaling $593,263 in sales, compared to just $54,165 in purchases—a nearly 11-to-1 ratio favoring dispositions. His most significant transactions occurred on January 15, 2026, with four sales exceeding $40,000 each, including a single $225,590 disposition. Smaller but consistent sales were recorded throughout early 2026 and late 2025, such as a $16,603 transaction on February 28, 2025, and a $14,220 sale on January 16, 2025. Notably, all reported transactions since 2024 have involved WWR, with no recent buying activity. The pattern suggests ongoing divestment, with the largest concentrations occurring in early 2026. Transaction codes indicate these were primarily open-market sales (code F), with no matching acquisitions during the same periods. The absence of any purchases after 2025 reinforces the directional trend toward reducing his position in Westwater Resources.
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