 Insiders Vote with Their Wallets: Who Is Increasing Positions in May I analyzed the latest insider purchase data for May 4-5. Here’s what really caught my attention. **Spar Group (SGRP) — Purchase of the Month** CFO Steven Hennen bought an additional 78,000 shares at $0.64, increasing his stake by 142%. For a CFO, such scale is not a goodwill gesture but a deliberate bet. Spar Group operates in B2B merchandising and retail services. At a price below $1 and with such a signal from top management, it’s definitely worth examining the financials. **Ategrity Specialty Insurance (ASIC) — New Position** Director Chris Schenk opened a position from scratch: 2,500 shares at $19.99 for $50K. A director’s first purchase is always a stronger-than-average signal. The specialty insurance segment is niche but high-margin. **Winchester Bancorp (WSBK)** Director Stephen Budak added +33% to his position at $12.93. Regional banks are currently in a consolidation phase—such purchases often precede M&A. **What Was Sold:** - TTM Technologies (TTMI): Director sold $2.6M at $157 - Vicor Corp (VICR): Sold $1.9M at $252 - Miami International Holdings: CEO and CIO sold nearly $5M combined Classic picture: management sells after rallies, buys during dips and in micro-caps. My strategy is to look where insiders increase their stake by multiples, not percentages. → https://asibiont.com/