ESI Element Solutions 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 2025: $0M, Q3 2023: $54M, Q2 2023: $41M, Q1 2023: $18M

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

Latest quarter $0M vs trailing avg $38M (-100%)

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

Buyback $114M / FCF $169M = 67% of FCF

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

Repurchased 4,800,000 shares = 2.3% of 284,221,168 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 $18M 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 33352793.5x more than bought. 3 C-suite officers among sellers

• Gliklich Benjamin (CEO) sold 170,000 shares on 2026-02-24
• Dorman Carey J. (Pdt Enterprise Ops and CFO) sold 97,500 shares on 2026-02-23
• Liebowitz Matthew (President, Specialties) sold 37,000 shares on 2025-12-12
• Gliklich Benjamin (President and CEO) sold 117,637 shares on 2025-09-18
• Dorman Carey J. (EVP, CFO) sold 40,725 shares on 2025-09-18