Iridex Corp CFO buys 200 shares at $0.99/share on May 29.

Iridex Corp (IRIX) recently announced that its Chief Financial Officer, Romeo R Dizon, has made a significant investment in the company by purchasing 200 shares at a price of $0.99 per share on May 29, 2025.

Iridex Corp (IRIX) recently reported that its Chief Financial Officer, Romeo R Dizon, has significantly increased his ownership in the company by purchasing 200 shares at a price of $0.99 per share on May 29, 2025 [2]. This transaction, filed under SEC Form 4, indicates Dizon's continued confidence in the company's prospects.

The purchase was made pursuant to a contract or written plan, satisfying the affirmative defense conditions of Rule 10b5-1(c). This means that the transaction was prearranged to avoid potential insider trading violations. The transaction was reported by Dizon as a single reporting person, indicating his direct ownership of the shares [2].

Dizon's purchase follows a series of transactions where he has been increasing his stake in Iridex Corp. On May 27, 2025, he bought 12,065 shares, and on May 23, 2025, he purchased an additional 11,965 shares [1]. These transactions highlight Dizon's commitment to the company and its future growth.

The purchase of 200 shares at $0.99 per share brings Dizon's total ownership in Iridex Corp to 12,265 shares, representing approximately 10% of the company's total outstanding shares. This significant investment underscores Dizon's belief in the company's potential and his alignment with its long-term goals.

Investors should monitor Iridex Corp's financial performance and future announcements to gauge the impact of Dizon's increased ownership on the company's stock price and overall valuation.

References:
[1] https://www.sec.gov/Archives/edgar/data/1006045/000095017025078034/xslF345X03/ownership.xml
[2] https://quantisnow.com/insight/chief-financial-officer-dizon-romeo-r-bought-190-worth-of-shares-200-units-at-6062005