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Energy Focus (NASDAQ:EFOI) filed a Form 4 reporting insider purchases by Chief Executive Officer, Director and 10% owner Chiao Chieh Huang.
Huang acquired 103,627 shares of common stock on March 27 2025 at $1.93 and an additional 110,497 shares on June 23 2025 at $1.81. Following the transactions, his direct ownership increased to 894,660 shares.
The filing also lists 1,005,457 shares held indirectly through controlled affiliates—Sander Electronics, Sander Electronic Co., Ltd., and Inwood Holding Ltd.—bringing Huang’s total reported beneficial ownership to roughly 1.9 million shares.
The two open-market purchases total 214,124 shares, a gain of more than 14 % versus Huang’s post-March direct stake and represent an outlay of about $0.4 million, signalling increased executive confidence in Energy Focus’s prospects.