Murry Stefan J.

Murry Stefan J., Chief Financial Officer of Applied Optoelectronics Inc. (AAOI), has demonstrated a consistent pattern of selling company stock over the past year, with no recorded purchases in SEC filings. Since July 2025, Murry has executed 27 transactions—all sales or derivative dispositions—totaling nearly $2.97 million in value. The most significant disposals occurred in early 2026, including a $587,621 sale on February 11 and a $451,044 transaction on March 10, alongside multiple six-figure sales in February. Smaller but repeated dispositions, often clustered around the same dates, suggest structured selling—such as the four separate transactions on January 22, 2026, ranging from $28,669 to $125,387, likely tied to option exercises or vesting events. The activity is concentrated solely in AAOI, with no diversification into other securities. While some sales appear routine, like the $26,890 and $32,690 transactions in January 2026, the larger disposals—particularly the $268,440 sale in August 2025 and the $299,922 transaction in February 2026—indicate a sustained reduction in holdings. The absence of any buys during this period contrasts sharply with the repeated divestments, though the filings do not specify whether these sales reflect portfolio rebalancing or other financial planning. The pattern underscores a clear directional bias toward liquidation, with Murry monetizing a significant portion of his AAOI equity over the observed timeframe.