CEO John Hilburn Davis IV buys $698,716 of Digital Brands Group, Inc. (DBGI)
John Hilburn Davis IV, chief executive, bought $698,716 of stock after a 73% fall. WallStPal Score 64.
John Hilburn Davis IV, chief executive of Digital Brands Group, Inc., bought 618,333 shares on the open market on June 10, 2026 at an average of $1.13 a share, for a total of $698,716. The purchase was reported to the SEC on Form 4 on June 12, 2026.
It raised their holding by 882%, to 688,461 shares.
The purchase came after a fall: Digital Brands Group, Inc. stock was down 73% over the 13 weeks before.
John Hilburn Davis IV last bought DBGI on June 2, 2026.
In the 12 months up to this filing, Digital Brands Group, Inc. insiders reported 2 open-market purchases and 0 sales.
WallStPal Score: 64 out of 100, because of raised their holding by 882%; a large purchase; the stock had fallen 73% in the 13 weeks before; bought by a top executive.
What happened next: after 1 month the stock was down 32.7% (33.7 points worse than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
John Hilburn Davis IV helps run Digital Brands Group, Inc.. Spending $698,716 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all DBGI insider trades · John Hilburn Davis IV's track record