Insider Selling Signals: CFO Gatoff’s Recent Transaction On January 21 2026, Steven Gatoff, Inseego’s Chief Financial Officer, sold 1,715 shares of the company’s common stock at $10.42 per share, reducing his holdings to 240,160 shares. The trade was a “sell” type transaction executed to cover tax liabilities related to a restricted‑stock‑unit (RSU) vesting that occurred on July 30 2024. The sale price of $10.42 is only marginally below the closing price of $11.76 on the previous day, indicating a price‑neutral exit that is typical for tax‑covering dispositions rather than a signal of pessimism about the company’s prospects.
How This Fits Into Recent Insider Activity Gatoff’s latest sale follows a series of transactions that demonstrate a pattern of modest selling interspersed with sizable purchases. In December 2025 he bought 73,600 shares at $0.00, a zero‑price transaction likely reflecting a new RSU grant. He also sold 1,490 shares at $10.33 on December 3 and 4,115 shares at $16.31 on November 3, all of which were conducted at or near market value. The most recent sale on January 21 is consistent with his historical behavior—selling to satisfy tax obligations or to rebalance his portfolio—rather than a strategic divestment of equity in anticipation of a downturn.
Implications for Investors and Inseego’s Future From an investor’s perspective, the CFO’s tax‑covering sale is neutral in sentiment; it does not signal a lack of confidence. The broader insider activity in the company, including buys by the CEO (Juho) and other executives, suggests that senior management remains committed to the business. The market has already priced in the company’s 5G fixed‑wireless partnership with AT&T, which could unlock new revenue streams and broaden the addressable market for Inseego’s Wavemaker FX4200. Even though the company’s price‑earnings ratio is negative—at -9.26—this reflects a valuation driven by high growth expectations rather than earnings weakness.
Profile of Steven Gatoff: A CFO with a Balanced Approach Gatoff’s transaction history shows a pragmatic, disciplined approach to equity ownership. He has repeatedly used zero‑price purchases to acquire shares tied to RSU grants, then sold portions at market value when it is tax‑efficient to do so. His largest sale—17,890 shares on July 31—occurred at $6.81, a price roughly 40 % below the 52‑week low, suggesting he sold when the stock was undervalued. Conversely, his December purchases at $0.00 indicate a willingness to reinvest in the company’s future. This pattern points to a CFO who is neither overly aggressive nor overly conservative, but who uses insider trades to manage his tax exposure while maintaining a significant stake in the business.
Conclusion: A Neutral Insider Signal Amid Growth Momentum The recent sell by CFO Gatoff is best viewed as a routine tax‑covering transaction, not a bearish warning. Combined with recent executive purchases and the company’s expanding 5G portfolio, insiders appear to stay invested in Inseego’s growth trajectory. For investors, the takeaway is that insider activity remains largely supportive, and the company’s strategic partnerships provide a solid foundation for future revenue expansion.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-01-21 | Gatoff Steven (Chief Financial Officer) | Sell | 1,715.00 | 10.42 | Common Stock |
