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Streamex CFO Christine Plummer sells $7,175 in company stock

By Investing.com2 min readInvesting.com
Streamex CFO Christine Plummer sells $7,175 in company stockStreamex CFO Christine Plummer sells $7,175 in company stock

Streamex CFO Christine Plummer sells $7,175 in company stock

Christine Marie Plummer, Chief Financial Officer of Streamex Corp. (NASDAQ:STEX), sold 13,344 shares of the company’s common stock on October 7, 2026. The transactions, executed at prices ranging from $0.4947 to $0.5961 per share, totaled approximately $7,175. The sale was made to satisfy tax withholding obligations incurred upon the partial vesting of Restricted Stock Units (RSUs) that were granted on March 16, 2026.The stock currently trades at $0.53, down 92% from its 52-week high of $6.50. Despite the sharp decline, InvestingPro analysis suggests the stock may be undervalued at current levels, with a Fair Value estimate above the current trading price. The platform offers 11 additional ProTips for STEX investors seeking deeper insights into the company’s prospects.

Separately, on August 1, 2026, Plummer had 11,508 shares of Streamex common stock withheld by the issuer. These shares, valued at $0.7099 each for an approximate total of $8,169, were also withheld to cover tax obligations related to the partial vesting of RSUs. The vesting date for this tranche of RSUs was amended to August 1, 2026.

Following these reported transactions, Ms. Plummer directly holds 461,645 shares of Streamex Corp. common stock.

In other recent news, Streamex Corp reported its first revenue in company history during the second quarter of 2026, though it fell short of Wall Street’s expectations. The company posted a loss of 8 cents per share, which was wider than the anticipated 2-cent loss, while revenue reached $300,000 compared to the forecasted $400,000. The revenue included $146,000 from gold lease income. Needham has lowered its price target for Streamex to $4.00 from $8.00, maintaining a Buy rating despite the company’s slower product growth. The firm highlighted limited adoption of Streamex’s flagship GLDY product, which contributed to the earnings miss. Streamex is focusing on gold-only product launches and reducing marketing expenditures to maintain a cash burn rate of $1.1 million per month in the third quarter of 2026. These recent developments provide insight into the company’s current financial situation and strategic adjustments.