Streamex CIO Mitchell Williams sells $35,239 in company stock

Streamex CIO Mitchell Young Williams sold 65,538 shares of the company's common stock, amounting to $35,239, on October 7, 2026. The shares were traded at prices between $0.4947 and $0.5961. This sale was made to satisfy tax obligations resulting from the partial vesting of a restricted stock unit (RSU) granted on April 28, 2026.

Streamex shares have dropped 82% year-to-date and are trading near their 52-week low of $0.48. Despite this, an InvestingPro analysis suggests the stock is undervalued at its current price. After this transaction, Mr. Williams directly owns 2,820,276 shares of Streamex Corp. common stock. Streamex Corp reported its first revenue in Q2 2026, but it fell short of expectations, earning $300,000 instead of the forecasted $400,000, and reporting an 8-cent loss per share, compared to the anticipated 2-cent loss.

The company generated $146,000 from gold lease income. Needham lowered its price target for Streamex from $8.00 to $4.00, maintaining a Buy rating, due to limited adoption of the company's flagship GLDY product. Streamex is currently concentrating its product launches on gold and cutting its marketing spend to maintain a monthly cash burn rate of $1.1 million in Q3 2026.