Storm Adam

Storm Adam, President & Chief Product Officer at an undisclosed company, has demonstrated a clear selling bias in recent months, with all 24 of their reported transactions involving shares of Wag! Group Co. (PET). Since late January 2024, Adam has executed 12 sales totaling $233,883.24, with no offsetting purchases beyond a single $18,000 buy recorded earlier. The most significant disposals occurred on February 15 ($106,086.20) and February 20 ($21,721.74), with multiple mid-five-figure sales throughout February including $25,461 on February 12 and $25,874.38 on February 14. Smaller transactions appear to represent routine dispositions, such as the $683.70 sale on February 20 and a $24.12 transaction on January 31. Adam's trading activity shows a concentrated reduction in PET holdings, with sales occurring on 11 separate days between January 24 and February 20. The transactions include both open-market sales (code S) and dispositions to satisfy tax obligations (code M), with the latter typically representing smaller amounts tied to equity compensation events. The absence of any recent acquisitions suggests either portfolio rebalancing or liquidity needs, though the pattern does not indicate abrupt divestment—sales have been spaced over weeks rather than executed in bulk. The $18,000 buy, while modest compared to the sales, may represent an earlier acquisition or option exercise not reflected in recent filings.