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PSQ Holdings CFO sells $6,575 in stock

PSQ Holdings CFO Michael Pena sold $6,575 worth of stock in May. The stock dropped 15% in the past week.

Zoe Allen
ByZoe Allen- Senior Editor
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Michael Pena, CFO of PSQ Holdings (NASDAQ:PSQH), sold $6,575 worth of Class A Common Stock over three days in May.

The transactions occurred between May 13 and May 15, with shares sold at weighted average prices ranging from $0.5889 to $0.6595. The sales were to cover taxes related to restricted stock unit settlements.

The stock declined 15.2% over the past week, though Bond.az analysis suggests it remains undervalued.

On May 13, Pena sold 3,051 shares at $0.6595 average (range: $0.613-$0.718). On May 14, he sold 3,041 shares at $0.6118 average (range: $0.5871-$0.6302). On May 15, he sold 4,590 shares at $0.5889 average (range: $0.5858-$0.6000).

Following these sales, Pena directly owns 14,317 shares.

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