Bruce Haase Reduces Stake to 95,937 Shares After 70,000-Share Sale
Rhea-AI Filing Summary
Bruce N. Haase, a director of Xponential Fitness, Inc. (XPOF), reported the disposition of 70,000 shares of Class A common stock on 08/12/2025 at a weighted average price of $7.667 per share. Following the reported transaction, Haase is shown as directly owning 95,937 shares. The Form 4 lists the transaction code as "P" and includes a note that the reported price is a weighted average and that the reporting person will provide detailed per-price sale information on request.
The Form was signed by an attorney-in-fact on behalf of Haase. No derivative transactions were reported on this filing.
Positive
- Clear disclosure of a 70,000-share disposition with a stated weighted average price of $7.667
- Continued direct ownership of 95,937 shares after the reported transaction
- Form includes explanatory note that per-price sale details are available on request, enhancing transparency
Negative
- Significant sale size of 70,000 shares by a company director, which reduces direct holdings
- Transaction coded "P" on the form without an explanation of the code within the document
Insights
Director sold 70,000 XPOF shares at $7.667, leaving 95,937 shares directly owned—transaction reported under code "P".
The sale is explicitly disclosed as a non-derivative disposition of Class A common stock. The filing shows a weighted average sale price of $7.667 and a remaining direct holding of 95,937 shares, which is material information for assessing insider activity but does not, by itself, reveal intent or signal on fundamentals. The form's explanation clarifies the price representation and offers additional per-price detail upon request, supporting transparency in execution reporting.
Insider transaction appears properly disclosed and executed via attorney-in-fact; no derivatives reported.
The Form 4 identifies Haase as a director and shows the transaction was signed by an attorney-in-fact, indicating use of a power-of-attorney mechanism for filing. The disclosure includes the weighted average price caveat and leaves the post-transaction direct ownership at 95,937 shares. From a governance and compliance perspective, the form contains the required elements for a Section 16 report: reporting person, security class, transaction details, and a signature by an authorized filer.