CEO Sells $807K of Ark Restaurants Stock Near 52-Week Low
ARKR is trading near its 52-week low of $4.46 (0.9% above the low) on light trading volume (0.1× avg).
Summary
Ark Restaurants CEO Michael Weinstein sold $807,524 of stock at $4.57 per share on September 24, 2026, near the 52-week low and shortly after a weak Q3 report.
Key Events · Ownership and Investor Activity · ARKR
-
CEO Sells $807K of Stock
Michael Weinstein sold 176,701 shares at $4.57 on September 24, 2026, for $807,524 via SamEmma Ventures, LLC.
-
Sale Near 52-Week Low
The sale occurred at $4.57, just above the 52-week low of $4.46, and represents roughly 5% of the company's market cap.
-
Weak Q3 Backdrop
The sale follows a Q3 report showing 6.5% revenue decline and a $0.35 per-share loss, with the Bryant Park eviction stay expiring mid-October.
-
Post-Sale Holdings
Weinstein retains 856,111 shares after the sale, including direct, IRA, foundation, and LLC holdings.
Analysis · ARKR · Trade & Services
Chairman and CEO Michael Weinstein sold 176,701 shares at $4.57 on September 24, 2026, for $807,524 — a transaction equal to roughly 5% of the company's market cap. The sale comes just weeks after Ark Restaurants reported a 6.5% revenue decline and a $0.35 per-share loss, and while the stock trades near its 52-week low of $4.46. A CEO selling this size at this price level is a meaningful negative signal about management's view of near-term prospects, especially with the Bryant Park eviction stay expiring in mid-October and 14.5% of revenue at risk.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ARKR was trading at $4.50 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $16.2M. The 52-week trading range was $4.46 to $9.50. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.