Insider Trading January 27, 2026

Streamex Director Adds 5,500 Shares; Insider Stake Now 76,500 Through Controlled Entity

Morgan Lee Lekstrom buys $17,160 of Streamex stock as company completes $35M offering and outlines debenture prepayment plan

By Hana Yamamoto STEX
Streamex Director Adds 5,500 Shares; Insider Stake Now 76,500 Through Controlled Entity
STEX

Streamex Corp. director Morgan Lee Lekstrom purchased 5,500 shares of the company's common stock on January 27, 2026, at $3.12 per share, for a total of $17,160. After the acquisition, Lekstrom indirectly holds 76,500 shares via All Mine Consulting Ltd. The stock has traded up to $3.57 since the purchase. Streamex recently raised roughly $35 million through a public offering and announced a planned prepayment of $50 million in secured convertible debentures with a 10% premium; the debenture holder has a 10-day conversion window before prepayment. Shareholders approved several governance proposals at the 2025 annual meeting, including the election of Morgan Lekstrom and Karl Henry McPhie as Class I directors.

Key Points

  • Director Morgan Lee Lekstrom bought 5,500 shares at $3.12 on January 27, 2026, for $17,160 and now indirectly holds 76,500 shares through All Mine Consulting Ltd.
  • Streamex completed a public offering raising about $35 million by selling 11,666,667 shares at $3.00 per share; Needham & Company and Siebert were joint book-running managers.
  • The company intends to prepay $50 million in secured convertible debentures, including a 10% premium, with the holder having a 10-day conversion window; shareholders approved governance proposals and elected Lekstrom and Karl Henry McPhie as Class I directors.

Insider purchase and holdings

Director Morgan Lee Lekstrom of Streamex Corp reported acquiring 5,500 shares of the companys common stock on January 27, 2026, at a per-share price of $3.12, according to a Form 4 filing. The transaction amounted to $17,160. Following this purchase, Lekstrom is reported to indirectly hold 76,500 shares through All Mine Consulting Ltd, an entity over which Lekstrom exercises voting and dispositive control.

Since the trade, the shares reached $3.57, which represents a 14.4% premium to Lekstroms purchase price. Separately, firm-level return metrics show a 254% gain over the past 12 months.


Valuation and analyst context

Analysts have set a $12 target price for the company, which carries a market capitalization of $61.36 million. At the same time, analysis of valuation suggests the stock is presently trading at a level that could be considered fairly valued. The companys balance-sheet metrics highlight liquidity pressures, with a reported current ratio of 0.12. Additionally, analysts do not anticipate Streamex will be profitable during the current year.


Capital markets activity and debt action

In recent financing activity, Streamex completed a public offering that raised approximately $35 million before expenses by issuing 11,666,667 shares of common stock at $3.00 per share. Needham & Company and Siebert served as joint book-running managers for the offering.

The company also disclosed plans to prepay $50 million in secured convertible debentures, including a 10% premium, held by YA II PN, LTD. That holder has a 10-day window to convert the debentures ahead of the scheduled prepayment.


Corporate governance developments

At the 2025 annual meeting, Streamex shareholders approved several proposals, including director elections and amendments to the companys incentive plan. Morgan Lekstrom and Karl Henry McPhie were elected as Class I members of the board of directors.


What the facts show

The insider purchase is modest in dollar terms but increases Lekstroms indirect stake through a controlled entity. The company is in active capital-markets mode, having completed a sizable share sale and signaling intent to retire convertible debentures with a premium. Those moves, combined with a low current ratio and analyst expectations of no profitability this year, frame the firms near-term financial profile.


Note: This report presents transaction, financing and governance details disclosed by the company and in regulatory filings. It does not provide investment advice.

Risks

  • Liquidity risk - Streamex reported a current ratio of 0.12, indicating constrained short-term liquidity that could affect operations and financing flexibility.
  • Profitability risk - Analysts do not expect the company to be profitable this year, which may pressure cash flows and investor expectations.
  • Financing and conversion uncertainty - The planned prepayment of $50 million in secured convertible debentures, with a 10% premium and a 10-day conversion window, introduces timing and conversion-related uncertainties affecting capital structure.

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