Swarmer president Alexander Fink sells $1.36m in stock for tax obligation

Swarmer Inc. president Alexander Fink sold 60,328 shares of the company's common stock in September 2026, totaling $1.36 million. The transactions took place at a weighted average price of $22.593, with individual sales ranging from $22.02 to $24.00. Following the sale, which was conducted to meet tax withholding obligations due to the vesting of restricted stock units, Swarmer's stock price fell by 13.6% to $20.73 over the past week, reflecting broader market volatility.

The recent price decline has seen Swarmer's shares drop 40.6% over the past six months. Fink's stake in the company is now valued at 2,692,487 shares. The company's stock is currently considered overvalued according to InvestingPro analysis, which offers 15 ProTips for investors assessing the company's prospects. Swarmer reported a revenue of $220,000 for Q2 2026, a 56.5% increase year-over-year, but posted an adjusted EPS of -$0.45, with a net loss widening to $7.2 million.

The company's acquisition of Ukrainian unmanned ground vehicle manufacturer Ratel Robotics for up to $224 million in cash and stock is also pending approval.