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Resolute Holdings CFO Kurt Schoen buys $44,190 in company stock

Resolute Holdings CFO Kurt Schoen buys $44,190 in company stock

On August 20, 2026, Kurt Schoen, the Chief Financial Officer of Resolute Holdings Management, Inc., acquired 375 shares of the company's common stock, with a total investment of $44,190. This purchase spanned a price range of $117.53 to $117.97 per share, resulting in a weighted average price of $117.84. Currently, each share of Resolute Holdings Management trades at $128.68, marking a 9% increase from Schoen's purchase price.

Despite the company's strong 113% return over the past year, the stock price has dropped 33% over the last six months. As a result of this transaction, Mr. Schoen now holds a direct ownership of 3,225 shares in Resolute Holdings Management, Inc. However, InvestingPro analysts suggest that the stock is currently overvalued, with the company trading at a market cap of $1.01 billion.

In other corporate news, Resolute Holdings Management concluded its 2026 Annual Meeting of Stockholders, during which shareholders approved the election of four Class II directors and the appointment of Ernst & Young LLP as the independent auditor for the fiscal year ending December 31, 2026. GPGI Inc., a related business, announced leadership changes with Mohammad Kanaan taking on the role of Chief Financial Officer and Karen Stone becoming the Chief Human Resources Officer.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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