Insider Trading February 27, 2026

Real Alloys CFO Sells $256,547 in Stock as Company Advances Merger and Supply Partnerships

Robert L. Winspear sold 17,000 shares on Feb. 26, 2026; shares have since rallied while the company moves forward with a Nasdaq listing and strategic arrangements for rare earth feedstock.

By Nina Shah ALOY
Real Alloys CFO Sells $256,547 in Stock as Company Advances Merger and Supply Partnerships
ALOY

Real Alloys CFO Robert L. Winspear disposed of 17,000 shares of common stock on February 26, 2026, for $15.091 per share, totaling $256,547, according to a Form 4 filing. Since the sale the stock has risen to $18.46, a 22% increase from the sale price and trading near a 52-week high of $19.75. Following the transaction Winspear remains a significant holder with 126,250 shares owned directly and indirectly, including a warrant for 25,000 shares. Separately, Blackboxstocks Inc. completed its merger with REalloys Inc., the combined company will trade on the Nasdaq Capital Market as ALOY, and the board was expanded with appointments of Bob Foresman and General Jack Keane. REalloys has also entered a non-binding agreement with Kazakhstan's AltynGroup for feedstock from the Kokbulak project and formed a partnership with Mission Critical Materials to develop a domestic supply chain converting acid mine drainage into rare earth metals.

Key Points

  • CFO Robert L. Winspear sold 17,000 shares on February 26, 2026, for $15.091 per share, totaling $256,547.
  • Following the sale Winspear still directly and indirectly owns 126,250 shares, including a warrant for 25,000 shares.
  • Blackboxstocks Inc. completed its merger with REalloys Inc.; the combined company will trade on the Nasdaq Capital Market as ALOY and has added notable board members while pursuing feedstock and processing partnerships.

Insider sale details

Real Alloys (OTC:ALOY) Chief Financial Officer Robert L. Winspear reported the sale of 17,000 shares of common stock on February 26, 2026, in a Form 4 filing with the Securities and Exchange Commission. The shares were disposed of at $15.091 each, producing a total transaction value of $256,547.

Share price movement

After the transaction the companys share price has moved higher, reaching $18.46, which represents a 22% increase from the price at which Winspear sold shares. The stock is trading with positive momentum year-to-date of 15.52% and sits near its 52-week high of $19.75.

Post-transaction ownership

Following the sale Winspear retains direct and indirect ownership of 126,250 shares. That total reflects shares held directly, positions held by Winspear Investments LLC, holdings in ACM Winspear Investments L.P., and a warrant for 25,000 shares of common stock.


Corporate developments and governance changes

In related corporate news Blackboxstocks Inc. has completed its merger with REalloys Inc. The combined entity will operate as REalloys Inc. and will list on the Nasdaq Capital Market under the ticker symbol ALOY. The transaction represents a change in the company's capital markets status and corporate structure.

As part of strengthening the leadership team REalloys appointed two notable additions to its board: Bob Foresman, a former Vice Chairman of UBS Investment Bank, and General Jack Keane, a retired four-star U.S. Army General. The company has indicated these appointments are intended to enhance board expertise.


Commercial arrangements and strategic partnerships

REalloys has entered a non-binding agreement with Kazakhstan's AltynGroup to secure rare earth feedstock for processing in North America. The materials are to be sourced from AltynGroup's Kokbulak project, which the company notes contains substantial iron ore reserves.

Separately REalloys announced a partnership with Mission Critical Materials to build out a domestic supply chain aimed at converting acid mine drainage into rare earth metals for defense applications. The collaboration is described as leveraging Mission Critical Materials' upstream technology alongside REalloys' processing capabilities.


What this means

The Form 4 filing documents an executive sale and a continued material ownership stake by the CFO. At the same time the company is undergoing structural change through a completed merger and Nasdaq listing, and pursuing agreements and partnerships tied to rare earth feedstock and domestic processing capacity. These items were disclosed by the company in its filings and announcements.

The article reflects the details disclosed in regulatory filings and company statements without additional interpretation.

Risks

  • The agreement with Kazakhstan's AltynGroup is non-binding and therefore subject to uncertainty in becoming a firm feedstock supply source - affects mining and metals processing sectors.
  • Integration and execution risks associated with the completed merger and the transition to Nasdaq listing could affect corporate operations and capital markets activity - affects equity markets and corporate governance.
  • The partnership to convert acid mine drainage into rare earth metals relies on coordinating technology and processing capabilities between REalloys and Mission Critical Materials, which presents execution risk for the domestic defense supply chain initiative - affects defense-related materials supply and processing sectors.

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