CEO Charles Williams Buys $1.54M of Northpointe Stock in Open Market
NPB sits 16% above its 52-week low of $13.8.
Summary
Northpointe CEO and Chairman Charles Williams bought 100,000 shares for $1.54 million in the open market on October 23 and 26, his third large purchase in about two months.
Key Events · Ownership and Investor Activity · NPB
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CEO Buys 100,000 Shares
Charles Alan Williams acquired 100,000 shares through his trust for $1,537,390 across two trades: 50,000 at $15.4243 on 2026-10-23 and 50,000 at $15.3235 on 2026-10-26.
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Third Large Purchase Since August
Follows $1.33 million bought on 2026-08-26 and $1.42 million on 2026-09-02, bringing 90-day open-market insider buying to $2.75 million with no sales.
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Stake Rises to 2.58 Million Shares
Post-transaction trust holdings are 2,575,962 shares, plus 720,429 shares in the 401(k) and 113,789 shares held directly.
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Buying After Weak Q3
Comes days after Q3 2026 diluted EPS fell to $0.39 from $0.60 and the board approved a $30 million, 12-month repurchase program starting October 2026.
Analysis · NPB · Finance
The chairman and CEO put $1.54 million of his own money into the stock across two open-market trades at roughly $15.32-$15.42 a share, lifting his trust's stake to 2.58 million shares. This marks his third large purchase since late August, following $1.33 million on 2026-08-26 and $1.42 million on 2026-09-02, and it comes days after Q3 EPS fell to $0.39 from $0.60 and the board authorized a $30 million buyback. Management buying alongside a company buyback after a weak quarter is a direct vote of confidence in the franchise.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 36.5% of the 953 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. 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, NPB was trading at $16.02 on NYSE in the Finance sector, with a market capitalization of approximately $545M. The 52-week trading range was $13.80 to $19.71. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.