New insider activity at Franklin Wireless ( (FKWL) ) has taken place on May 17, 2025.
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President OC Kim has recently sold 200,000 shares of Franklin Wireless stock, amounting to a total transaction value of $746,000. This significant sale highlights a notable movement in the company’s stock activities.
Recent Updates on FKWL stock
Franklin Wireless recently announced an agreement with its CEO, OC Kim, to repurchase fully-vested options for 200,000 shares of the company’s common stock for $746,066.67. This transaction is part of the company’s 2020 Stock Option Plan and is expected to close on May 15, 2025. The buyback may influence the company’s financial structure and executive compensation strategy. Despite the announcement, the technical sentiment signal for Franklin Wireless remains a ‘Sell’, with a current market cap of $54.68 million and an average trading volume of 46,899.
More about Franklin Wireless
YTD Price Performance: -10.75%
Average Trading Volume: 45,842
Technical Sentiment Signal: Sell
Current Market Cap: $54.33M