Director and 10% Owner Cristiano Souza Buys $505K of Waldencast Shares
WALD sits 92% above its 52-week low of $0.72 on light trading volume (0.2× avg).
Summary
Director and 10% owner Cristiano Souza bought $505,649 worth of Waldencast shares at $1.51 per share, increasing his indirect holdings to 12.6 million shares.
Key Events · Ownership and Investor Activity · WALD
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Insider Open-Market Purchase
Cristiano Souza, a director and 10% owner, bought 335,000 Class A ordinary shares at $1.5094 per share on August 28, 2026, totaling $505,649.
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Purchase via Zeno Investment Master Fund
The shares were acquired indirectly through Zeno Investment Master Fund, which Souza controls as the controlling shareholder of Zeno Equity Partners LLP.
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Post-Transaction Holdings
Following the purchase, Souza's indirect holdings total 12,587,580 shares.
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Context: Post-Obagi Sale
The purchase follows Waldencast's July 30, 2026 completion of the Obagi Medical sale, which generated $334M in net cash and fully repaid debt.
Analysis · WALD · Industrial Applications And Services
Cristiano Souza, a director and 10% owner of Waldencast, purchased 335,000 shares at $1.5094 per share on August 28, 2026, for a total of $505,649. The purchase was made through Zeno Investment Master Fund, which he controls. This is a meaningful open-market buy by an insider with significant existing ownership, and it comes shortly after Waldencast completed the sale of its Obagi Medical business, which generated $334M in net cash and fully repaid its debt. The purchase suggests confidence in the company's post-divestiture strategy.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1963 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.14%. 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, WALD was trading at $1.38 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $176.6M. The 52-week trading range was $0.72 to $3.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.