Insider Buying Spree Signals Confidence Amid Volatility On February 23, 2026, FWE Capital LLC—the sole member of David Wickersham—purchased nearly 865 k shares of VSee Health Inc. at an average price of $0.32, adding to a cumulative holding of 1.15 million shares. This purchase comes shortly after a modest 0.04 % rise in the stock price, and at a time when the company’s weekly gain of 3.25 % masks a steep 77 % year‑to‑date decline. The transaction’s social media buzz—10.42 %—suggests a surge of investor chatter, yet sentiment remains neutral, indicating that the move is perceived as routine rather than panic‑driven.

What This Means for Investors Wickersham’s continued accumulation—he has bought roughly 1.2 million shares over the past eight months—demonstrates a long‑term bet on VSee’s turnaround. For shareholders, this is a mixed signal: the insider’s confidence may be interpreted as a vote of support for the company’s strategic alliance with GoMyRx, which could unlock new revenue streams in digital health. However, the negative price‑to‑earnings ratio (-0.53) and steep yearly loss (-77 %) warn that profitability remains elusive. Investors should weigh the insider’s conviction against the broader valuation risks, especially given the company’s low market cap (~$14 M) and narrow trading range.

Wickersham’s Transaction Pattern David Wickersham has been an active buyer since September 2025, purchasing blocks ranging from 10k to 100k shares at prices between $0.69 and $2.00. His most recent buy at $0.32 is the lowest price point in his recent history, suggesting he is taking advantage of a perceived dip. Unlike some insiders who diversify, Wickersham’s trades are concentrated in VSee stock, implying a belief that the company’s future is tied closely to its current strategic moves. The absence of any recent sales—his last sell was in February 2025—reinforces a “buy‑and‑hold” mindset.

Implications for the Company’s Future The insider buying spree coincides with VSee’s announcement of a partnership with GoMyRx, hinting that the company may soon launch integrated digital‑care offerings. If successful, this could justify a higher valuation and potentially reverse the current negative earnings trend. However, the company’s limited liquidity, as evidenced by the low 52‑week low ($0.309) and high price volatility, means that even modest operational setbacks could trigger sharp sell‑offs. For investors, the key question will be whether VSee can translate strategic alliances into sustainable revenue growth.

Bottom Line David Wickersham’s sizable purchases are a bullish signal for those who believe VSee Health’s digital‑health strategy will pay off. Yet, the company’s financial fundamentals and market volatility suggest caution. Investors should monitor the execution of the GoMyRx partnership and any subsequent earnings releases to gauge whether the insider’s confidence materializes into tangible upside.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-23WICKERSHAM DAVID L. ()Buy759,916.000.32Common Stock, par value $0.0001 per share
2026-02-23WICKERSHAM DAVID L. ()Buy105,251.000.65Common Stock, par value $0.0001 per share
2026-02-23WICKERSHAM DAVID L. ()Sell0.00N/AConvertible Promissory Note
2026-02-23WICKERSHAM DAVID L. ()Sell0.00N/AConvertible Promissory Note