CPRX CATALYST PHARMACEUTICALS, INC.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q3 2023: $0M, Q2 2023: $4M, Q1 2023: $3M, Q3 2021: $5M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $4M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Missing buyback or cash flow data

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 2,549,746 shares = 4.2% of 120,879,099 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $2M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 19550313.3x more than bought. 6 C-suite officers among sellers

• Del Carmen Jeffrey (Chief Commercial Officer) sold 10,983 shares on 2025-11-26
• Elsbernd Brian (Chief Compliance/Legal Officer) sold 40,000 shares on 2025-11-12
• Elsbernd Brian (Chief Compliance/Legal Officer) sold 30,000 shares on 2025-09-08
• Elsbernd Brian (Chief Compliance/Legal Officer) sold 20,000 shares on 2025-09-03
• Elsbernd Brian (Chief Compliance/Legal Officer) sold 30,000 shares on 2025-09-04
• Miller Steve (Chief Op. & Scientific Officer) sold 115,000 shares on 2025-08-26
• Daly Richard J (President and CEO) sold 22,970 shares on 2025-08-26
• Sundaram Preethi (Chief Strategy Officer) sold 2,324 shares on 2025-06-10
• Sundaram Preethi (Chief Strategy Officer) sold 1,600 shares on 2025-06-11
• Daly Richard J (President and CEO) sold 70,000 shares on 2025-05-30