How many institutions own REFR stock?

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own REFR shares is 42, representing 13.74% of the company's common stock.

Who are the major shareholders selling Research Frontiers Incorporated stock?

FARRELL FINANCIAL LLC, in the last quarter, reduced its stake in REFR by -1.43% restricting it's holding to 10.31 thousand shares of worth nearly $5.36K. XTX TOPCO LTD also lessened -46.91% of the REFR shares from its portfolio, reducing its holding to 17.5 thousand shares of worth $9.10K. TWO SIGMA SECURITIES, LLC also shunned REFR shares holding by -100% last quarter which brought its holding to 0 shares worth -.

Investors who are buying REFR stock?

As per its latest 13F filing, JANE STREET GROUP, LLC increased its stake in REFR by 9.28% in the last quarter. The institutional holder raised its holding to 12.65 thousand shares having worth more than $6.58K. CITADEL ADVISORS LLC also added 100% more shares of REFR to its portfolio, raising its holding to 13.2 thousand shares of worth $6.86K. CGN ADVISORS LLC also increased its REFR shares holding by 100% which brought its holding to 14.35 thousand shares worth $7.46K.

REFR's major insiders: who are they?

The insider with the most stakes in REFR is DOUGLAS KEVIN , 10 percent owner at the company. Additionally, REFR stock is highly held by President and CEO HARARY JOSEPH M and director Grimes Gregory George among others.

Did an insider recently sell REFR stock?

Company executives, directors, and other insiders own 15.34% percent of Research Frontiers Incorporated's stock. Within the last six months, there have been 0 transaction(s) in which REFR insiders have sold stock, totaling 0 shares. Insiders that have sold shares include DOUGLAS KEVIN, LAPOINTE MICHAEL R, and GRIMES GREGORY GEORGE.

Which insider recently purchased REFR stock?

There have been 0 transaction(s) during the past 6-months in which Research Frontiers Incorporated insiders have bought stock, totalling 0 shares

How much of REFR does insiders own?

Around 0 Research Frontiers Incorporated shares are held by insiders, which represents about 15.34% of REFR stock.

Who is the insider with the largest stake?

REFR 10 percent owner, DOUGLAS KEVIN holds the largest portfolio of the company's shares. REFR shares owned by DOUGLAS total nearly 570.67 thousand.

Which institution holds the most shares in REFR?

FARRELL FINANCIAL LLC is the largest institutional owner in REFR which holds 10.31 thousand shares worth $5.36K or 0.03% of the total REFR shares outstanding followed by HB WEALTH MANAGEMENT, LLC with ownership of 10 thousand shares representing 0.03% of the REFR ownership. JANE STREET GROUP, LLC is the third largest stakeholder with 12.65 thousand shares or 0.04% of the ownership worth more than $6.58K.

Is Research Frontiers Incorporated stock optionable?

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the REFR is concerned, it is a stock which is optionable.

Is there a short position on REFR's shares?

Number of REFR shares short is 345.34K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

About how many outstanding REFR shares are there?

As of today, 34.87M shares of REFR are outstanding.

Is there many float in REFR stock?

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, REFR has 27.19M shares in float.

REFR short ratio: what is it?

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for REFR is 5.34.

Research Frontiers (REFR) insider trading activity: Get Latest News Today

Stock Outstanding Shares

Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.

ShortableYes

OptionableYes

Short Percent Of Outstanding Shares0.99

Short Percent Of Float1.06

Shares Outstanding34.87M

Shares Float27.19M

Shares Short345.34K

Short Ratio5.34

1.06%

Short % of Float

0.99%

Short % of Shares Outstanding

Market Insider

Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.

Major Holders Summary

15.34% Percentage of Shares held by All Insiders

13.74% Percentage of Shares held by All Institutions

16.23% Percentage of Float held by Institutions

Number of Institutions Holding Shares

Institutional Ownership

About 13.74% of REFR shares are held by financial institutions. FARRELL FINANCIAL LLC is the top corporate investor, holding 10.31K shares valued at $5.36K. A 0.03% stake in Research Frontiers Incorporated is owned by the company. HB WEALTH MANAGEMENT, LLC owns 10K shares valued at $5.20K, which translates its holding of 0.03% of the stake in the company.

Date	Holder	% Stake	Shares Held	Total Value ($)	Shares	% Change in Portfolio
Jun 30, 2026	FARRELL FINANCIAL LLC	0.03%	10.31K	5.36K	-150	-1.43%
Jun 30, 2026	HB WEALTH MANAGEMENT, LLC	0.03%	10K	5.2K	0	0
Jun 30, 2026	JANE STREET GROUP, LLC	0.04%	12.65K	6.58K	1.07K	+9.28%
Jun 30, 2026	CITADEL ADVISORS LLC	0.04%	13.2K	6.86K	13.2K	+100.00%
Jun 30, 2026	SCHONFELD STRATEGIC ADVISORS LLC	0.04%	13.86K	7.21K	0	0
Jun 30, 2026	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	7.28K	0	0
Jun 30, 2026	BUCKINGHAM STRATEGIC PARTNERS	0.04%	14.09K	7.33K	0	0
Jun 30, 2026	CGN ADVISORS LLC	0.04%	14.35K	7.46K	14.35K	+100.00%
Jun 30, 2026	XTX TOPCO LTD	0.05%	17.5K	9.1K	-15.47K	-46.91%
Jun 30, 2026	TWO SIGMA SECURITIES, LLC	0%	0	-	-15.81K	-100.00%
Jun 30, 2026	SBI SECURITIES CO., LTD.	0%	5	3	0	0
Jun 30, 2026	RAYMOND JAMES FINANCIAL INC	0.05%	17.88K	9.3K	0	0
Jun 30, 2026	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0%	0	-	-15K	-100.00%
Jun 30, 2026	CITIGROUP INC	0%	0	-	-438	-100.00%
Jun 30, 2026	BARCLAYS PLC	0%	154	80	154	+100.00%
Jun 30, 2026	JPMORGAN CHASE & CO	0%	1.04K	574	0	0
Jun 30, 2026	UBS GROUP AG	0%	1.38K	719	208	+17.72%
Jun 30, 2026	EVOLUTION WEALTH MANAGEMENT INC.	0%	1.5K	780	1.5K	+100.00%
Jun 30, 2026	FREEGULLIVER LLC	0.06%	20K	10.4K	0	0
Jun 30, 2026	TCTC HOLDINGS, LLC	0.06%	20K	10.4K	20K	+100.00%
Jun 30, 2026	HM PAYSON & CO	0.06%	20K	10.4K	0	0
Jun 30, 2026	TOWER RESEARCH CAPITAL LLC (TRC)	0.03%	9.22K	4.79K	3.16K	+52.19%
Jun 30, 2026	RENAISSANCE TECHNOLOGIES LLC	0.12%	40.79K	21.21K	-27.51K	-40.28%
Jun 30, 2026	NORTHERN TRUST CORP	0.15%	52.63K	27.37K	0	0
Jun 30, 2026	SHUFRO ROSE & CO LLC	0.28%	97.5K	50.7K	0	0
Jun 30, 2026	STATE STREET CORP	0.3%	105.62K	54.92K	0	0
Jun 30, 2026	VANGUARD FIDUCIARY TRUST CO	0.51%	177.03K	92.06K	0	0
Jun 30, 2026	GEODE CAPITAL MANAGEMENT, LLC	0.88%	305.85K	159.09K	3.09K	+1.02%
Jun 30, 2026	COLONY GROUP, LLC	1.42%	496.42K	258.14K	0	0
Jun 30, 2026	BLACKROCK, INC.	1.53%	532.54K	276.92K	-75.86K	-12.47%
Jun 30, 2026	VANGUARD CAPITAL MANAGEMENT LLC	1.67%	580.65K	301.94K	12.5K	+2.20%
Jun 30, 2026	MGO ONE SEVEN LLC	0.01%	5K	2.6K	5K	+100.00%
Jun 30, 2026	MORGAN STANLEY	0.01%	3.97K	2.06K	32	+0.81%
Jun 30, 2026	FAIRMAN GROUP, LLC	0%	0	-	-125	-100.00%
Jun 30, 2026	MAI CAPITAL MANAGEMENT	0%	0	-	-1.5K	-100.00%
Jun 30, 2026	KINGSVIEW WEALTH MANAGEMENT, LLC	0.05%	17.15K	8.92K	-27.8K	-61.85%
Jun 30, 2026	ADVISOR GROUP HOLDINGS, INC.	0.01%	4K	2.08K	0	0
Jun 30, 2026	SIMPLEX TRADING, LLC	0%	0	-	-332	-100.00%
Jun 30, 2026	GOLDMAN SACHS GROUP INC	0.03%	11.56K	6.01K	-6.95K	-37.53%
Jun 30, 2026	VANGUARD GLOBAL ADVISERS, LLC	0.03%	11.11K	5.78K	0	0
Mar 31, 2026	VANGUARD GLOBAL ADVISERS, LLC	0.03%	11.11K	10.02K	11.11K	+100.00%
Mar 31, 2026	VANGUARD CAPITAL MANAGEMENT LLC	1.66%	568.15K	512.48K	568.15K	+100.00%
Mar 31, 2026	NORTHERN TRUST CORP	0.15%	52.63K	48.42K	0	0
Mar 31, 2026	RENAISSANCE TECHNOLOGIES LLC	0.2%	68.3K	62.84K	-9.98K	-12.75%
Mar 31, 2026	SIMPLEX TRADING, LLC	0%	332	305	332	+100.00%
Mar 31, 2026	UBS GROUP AG	0%	1.17K	1.08K	-1.83K	-60.89%
Mar 31, 2026	MAI CAPITAL MANAGEMENT	0%	1.5K	1.35K	1.5K	+100.00%
Mar 31, 2026	MORGAN STANLEY	0.01%	3.94K	3.62K	0	0
Mar 31, 2026	ADVISOR GROUP HOLDINGS, INC.	0.01%	4K	3.68K	0	0
Mar 31, 2026	TOWER RESEARCH CAPITAL LLC (TRC)	0.02%	6.06K	5.57K	3.99K	+192.65%
Mar 31, 2026	JANE STREET GROUP, LLC	0.03%	11.58K	10.65K	-3.52K	-23.30%
Mar 31, 2026	BUCKINGHAM STRATEGIC PARTNERS	0.04%	14.09K	12.82K	14.09K	+100.00%
Mar 31, 2026	RAYMOND JAMES FINANCIAL INC	0.05%	17.88K	16.45K	-25.05K	-58.35%
Mar 31, 2026	HM PAYSON & CO	0.06%	20K	18.04K	0	0
Mar 31, 2026	KINGSVIEW WEALTH MANAGEMENT, LLC	0.13%	44.95K	41.35K	-58.11K	-56.38%
Mar 31, 2026	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0%	0	-	-2.7K	-100.00%
Mar 31, 2026	MGO ONE SEVEN LLC	0%	0	-	-2K	-100.00%
Mar 31, 2026	NEWEDGE ADVISORS, LLC	0%	0	-	-250	-100.00%
Mar 31, 2026	VIRTU FINANCIAL LLC	0%	0	-	-20.8K	-100.00%
Mar 31, 2026	HALBERT HARGROVE GLOBAL ADVISORS, LLC	0%	0	-	-15K	-100.00%
Mar 31, 2026	CITADEL ADVISORS LLC	0%	0	-	-60.31K	-100.00%
Mar 31, 2026	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	0%	0	-	-9.01K	-100.00%
Mar 31, 2026	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0%	0	-	-21.87K	-100.00%
Mar 31, 2026	HB WEALTH MANAGEMENT, LLC	0.03%	10K	9.02K	0	0
Mar 31, 2026	FARRELL FINANCIAL LLC	0.03%	10.46K	9.43K	10.46K	+100.00%
Mar 31, 2026	SCHONFELD STRATEGIC ADVISORS LLC	0.04%	13.86K	12.75K	21	+0.15%
Mar 31, 2026	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	12.88K	0	0
Mar 31, 2026	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.04%	15K	13.5K	-600	-3.85%
Mar 31, 2026	TWO SIGMA SECURITIES, LLC	0.05%	15.81K	14.54K	-7.07K	-30.89%
Mar 31, 2026	GOLDMAN SACHS GROUP INC	0.05%	18.51K	17.03K	18.51K	+100.00%
Mar 31, 2026	FREEGULLIVER LLC	0.06%	20K	18.04K	0	0
Mar 31, 2026	XTX TOPCO LTD	0.1%	32.97K	29.74K	11.91K	+56.58%
Mar 31, 2026	CITIGROUP INC	0%	438	395	437	+43,700.00%
Mar 31, 2026	JPMORGAN CHASE & CO	0%	1.04K	948	0	0
Mar 31, 2026	VANGUARD FIDUCIARY TRUST CO	0.52%	177.03K	159.68K	177.03K	+100.00%
Mar 31, 2026		1.66%	568.15K	512.48K	568.15K	+100.00%
Mar 31, 2026	BLACKROCK, INC.	1.78%	608.4K	559.73K	3.27K	+0.54%
Mar 31, 2026	BANK OF AMERICA CORP /DE/	0%	0	-	-26	-100.00%
Mar 31, 2026	SBI SECURITIES CO., LTD.	0%	5	5	5	+100.00%
Mar 31, 2026	FAIRMAN GROUP, LLC	0%	125	113	0	0
Mar 31, 2026	SHUFRO ROSE & CO LLC	0.29%	97.5K	89.7K	0	0
Mar 31, 2026	GEODE CAPITAL MANAGEMENT, LLC	0.89%	302.76K	273.17K	-8.45K	-2.72%
Mar 31, 2026	STATE STREET CORP	0.31%	105.62K	95.27K	0	0
Mar 31, 2026	COLONY GROUP, LLC	1.45%	496.42K	456.71K	0	0
Dec 31, 2025	VIRTU FINANCIAL LLC	0.06%	20.8K	27K	20.8K	+100.00%
Dec 31, 2025	SHUFRO ROSE & CO LLC	0.29%	97.5K	127.73K	-15.3K	-13.56%
Dec 31, 2025	KINGSVIEW WEALTH MANAGEMENT, LLC	0.31%	103.06K	135.01K	-40.18K	-28.05%
Dec 31, 2025	STATE STREET CORP	0.31%	105.62K	138.37K	0	0
Dec 31, 2025	GEODE CAPITAL MANAGEMENT, LLC	0.92%	311.21K	407.8K	3.11K	+1.01%
Dec 31, 2025	BLACKROCK, INC.	1.8%	605.13K	792.72K	3.85K	+0.64%
Dec 31, 2025	VANGUARD GROUP INC	2.3%	774.48K	1.01M	128.41K	+19.88%
Dec 31, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.07%	21.87K	28.65K	0	0
Dec 31, 2025	CITADEL ADVISORS LLC	0.05%	15.4K	20.17K	-135.9K	-89.82%
Dec 31, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.05%	15.6K	20.44K	15.6K	+100.00%
Dec 31, 2025	XTX TOPCO LTD	0.06%	21.06K	27.59K	21.06K	+100.00%
Dec 31, 2025	TWO SIGMA SECURITIES, LLC	0.07%	22.87K	29.97K	22.87K	+100.00%
Dec 31, 2025	SBI SECURITIES CO., LTD.	0%	0	-	-19	-100.00%
Dec 31, 2025	BARCLAYS PLC	0%	0	-	-9	-100.00%
Dec 31, 2025	CITIGROUP INC	0%	1	1	1	+100.00%
Dec 31, 2025	RAYMOND JAMES FINANCIAL INC	0.13%	42.93K	56.24K	1.6K	+3.86%
Dec 31, 2025	COLONY GROUP, LLC	1.48%	496.42K	650.31K	-394.01K	-44.25%
Dec 31, 2025	FOUNDATIONS INVESTMENT ADVISORS, LLC	0%	0	-	-13.8K	-100.00%
Dec 31, 2025	BANK OF AMERICA CORP /DE/	0%	26	34	1	+4.00%
Dec 31, 2025	HM PAYSON & CO	0.06%	20K	26.2K	0	0
Dec 31, 2025	MORGAN STANLEY	0.01%	3.94K	5.16K	0	0
Dec 31, 2025	FAIRMAN GROUP, LLC	0%	125	164	0	0
Dec 31, 2025	JPMORGAN CHASE & CO	0%	1.04K	1.37K	0	0
Dec 31, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.01%	2.7K	3.54K	2.7K	+100.00%
Dec 31, 2025	ADVISOR GROUP HOLDINGS, INC.	0.01%	4K	5.24K	4K	+100.00%
Dec 31, 2025	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	0.03%	9.01K	603.97K	5.75K	+176.13%
Dec 31, 2025	TOWER RESEARCH CAPITAL LLC (TRC)	0.01%	2.07K	2.71K	787	+61.39%
Dec 31, 2025	NEWEDGE ADVISORS, LLC	0%	250	328	-1.72K	-87.32%
Dec 31, 2025	HB WEALTH MANAGEMENT, LLC	0.03%	10K	13.1K	0	0
Dec 31, 2025	JANE STREET GROUP, LLC	0.04%	15.09K	19.77K	15.09K	+100.00%
Dec 31, 2025	NORTHERN TRUST CORP	0.16%	52.63K	68.95K	736	+1.42%
Dec 31, 2025	RENAISSANCE TECHNOLOGIES LLC	0.23%	78.28K	102.55K	-9.82K	-11.14%
Dec 31, 2025	MGO ONE SEVEN LLC	0.01%	2K	2.62K	-5K	-71.43%
Dec 31, 2025	UBS GROUP AG	0.01%	3K	3.93K	-4.55K	-60.24%
Dec 31, 2025	SCHONFELD STRATEGIC ADVISORS LLC	0.04%	13.84K	18.12K	300	+2.22%
Dec 31, 2025	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	18.34K	0	0
Dec 31, 2025	HALBERT HARGROVE GLOBAL ADVISORS, LLC	0.04%	15K	19.65K	15K	+100.00%
Dec 31, 2025	FREEGULLIVER LLC	0.06%	20K	26.2K	0	0
Sep 30, 2025	BARCLAYS PLC	0%	9	14	9	+100.00%
Sep 30, 2025	SBI SECURITIES CO., LTD.	0%	19	30	0	0
Sep 30, 2025	BNP PARIBAS ARBITRAGE, SNC	0%	0	-	-801	-100.00%
Sep 30, 2025	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	22.26K	0	0
Sep 30, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.27%	91.88K	146.08K	-38.43K	-29.49%
Sep 30, 2025	TOWER RESEARCH CAPITAL LLC (TRC)	0%	1.28K	2.04K	-786	-38.01%
Sep 30, 2025	FREEGULLIVER LLC	0.06%	20K	31.8K	0	0
Sep 30, 2025	COLONY GROUP, LLC	2.65%	890.43K	1.42M	-60.1K	-6.32%
Sep 30, 2025	BLACKROCK, INC.	1.79%	601.28K	956.03K	861	+0.14%
Sep 30, 2025	HM PAYSON & CO	0.06%	20K	31.8K	0	0
Sep 30, 2025	MORGAN STANLEY	0.01%	3.94K	6.26K	0	0
Sep 30, 2025	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	0.01%	3.26K	5.19K	3.26K	+100.00%
Sep 30, 2025	GEODE CAPITAL MANAGEMENT, LLC	0.92%	308.1K	490.02K	4.81K	+1.59%
Sep 30, 2025	CITADEL ADVISORS LLC	0.45%	151.3K	240.57K	129K	+578.48%
Sep 30, 2025	SCHONFELD STRATEGIC ADVISORS LLC	0.04%	13.54K	21.52K	200	+1.50%
Sep 30, 2025	UBS GROUP AG	0.02%	7.55K	12.01K	-12.86K	-63.01%
Sep 30, 2025	MGO ONE SEVEN LLC	0.02%	7K	11.13K	4K	+133.33%
Sep 30, 2025	VANGUARD GROUP INC	1.92%	646.07K	1.03M	20.94K	+3.35%
Sep 30, 2025	KINGSVIEW WEALTH MANAGEMENT, LLC	0.43%	143.24K	227.74K	-15.17K	-9.57%
Sep 30, 2025	SHUFRO ROSE & CO LLC	0.34%	112.8K	127.46K	0	0
Sep 30, 2025	STATE STREET CORP	0.31%	105.62K	167.94K	0	0
Sep 30, 2025	RENAISSANCE TECHNOLOGIES LLC	0.26%	88.1K	140.08K	1.4K	+1.61%
Sep 30, 2025	NORTHERN TRUST CORP	0.15%	51.89K	82.51K	0	0
Sep 30, 2025	RAYMOND JAMES FINANCIAL INC	0.12%	41.34K	65.73K	0	0
Sep 30, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.07%	21.87K	34.77K	0	0
Sep 30, 2025	FOUNDATIONS INVESTMENT ADVISORS, LLC	0.04%	13.8K	21.94K	0	0
Sep 30, 2025	HB WEALTH MANAGEMENT, LLC	0.03%	10K	15.9K	0	0
Sep 30, 2025	NEWEDGE ADVISORS, LLC	0.01%	1.97K	3.14K	0	0
Sep 30, 2025	JPMORGAN CHASE & CO	0%	1.04K	1.66K	0	0
Sep 30, 2025	FAIRMAN GROUP, LLC	0%	125	199	0	0
Sep 30, 2025	BANK OF AMERICA CORP /DE/	0%	25	40	-259	-91.20%
Sep 30, 2025	DESTINATION WEALTH MANAGEMENT	0%	0	-	-84.7K	-100.00%
Sep 30, 2025	MARINER, LLC	0%	0	-	-15K	-100.00%
Jun 30, 2025	KINGSVIEW WEALTH MANAGEMENT, LLC	0.47%	158.4K	259.78K	-19.56K	-10.99%
Jun 30, 2025	HB WEALTH MANAGEMENT, LLC	0.03%	10K	16.2K	0	0
Jun 30, 2025	DESTINATION WEALTH MANAGEMENT	0.25%	84.7K	137.22K	-80K	-48.57%
Jun 30, 2025	HM PAYSON & CO	0.06%	20K	32.4K	20K	+100.00%
Jun 30, 2025	COLONY GROUP, LLC	2.82%	950.53K	1.56M	0	0
Jun 30, 2025	VANGUARD GROUP INC	1.86%	625.13K	1.01M	103.67K	+19.88%
Jun 30, 2025	GEODE CAPITAL MANAGEMENT, LLC	0.9%	303.29K	491.46K	869	+0.29%
Jun 30, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.39%	130.31K	211.1K	9.69K	+8.03%
Jun 30, 2025	SBI SECURITIES CO., LTD.	0%	19	31	0	0
Jun 30, 2025	MORGAN STANLEY	0.01%	3.94K	6.45M	0	0
Jun 30, 2025	UBS GROUP AG	0.06%	20.41K	33.48K	15.41K	+308.26%
Jun 30, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.07%	21.87K	35.43K	0	0
Jun 30, 2025	NORTHERN TRUST CORP	0.15%	51.89K	85.11K	0	0
Jun 30, 2025	RENAISSANCE TECHNOLOGIES LLC	0.26%	86.7K	142.19K	-13.8K	-13.73%
Jun 30, 2025	STATE STREET CORP	0.31%	105.62K	171.11K	0	0
Jun 30, 2025	SHUFRO ROSE & CO LLC	0.34%	112.8K	127.46K	-4K	-3.42%
Jun 30, 2025	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	22.96K	0	0
Jun 30, 2025	BLACKROCK, INC.	1.78%	600.42K	984.68K	-8.07K	-1.33%
Jun 30, 2025	CITADEL ADVISORS LLC	0%	0	-	-20.25K	-100.00%
Jun 30, 2025	FAIRMAN GROUP, LLC	0%	125	203	0	0
Jun 30, 2025	BANK OF AMERICA CORP /DE/	0%	284	466	41	+16.87%
Jun 30, 2025		0%	19	31	0	0
Jun 30, 2025	BNP PARIBAS ARBITRAGE, SNC	0%	801	1.3K	0	0
Jun 30, 2025	JPMORGAN CHASE & CO	0%	1.04K	1.69K	-62	-5.62%
Jun 30, 2025	NEWEDGE ADVISORS, LLC	0.01%	1.97K	3.23K	0	0
Jun 30, 2025	TOWER RESEARCH CAPITAL LLC (TRC)	0.01%	2.07K	3.39K	-1.5K	-42.04%
Jun 30, 2025	MGO ONE SEVEN LLC	0.01%	3K	4.86K	1K	+50.00%
Jun 30, 2025	SCHONFELD STRATEGIC ADVISORS LLC	0.04%	13.34K	21.87K	-5.87K	-30.56%
Jun 30, 2025	FOUNDATIONS INVESTMENT ADVISORS, LLC	0.04%	13.8K	22.36K	0	0
Jun 30, 2025	VIRTU FINANCIAL LLC	0%	0	-	-13.13K	-100.00%
Jun 30, 2025	FREEGULLIVER LLC	0.06%	20K	32.4K	0	0
Jun 30, 2025	RAYMOND JAMES FINANCIAL INC	0.12%	41.34K	67.79K	24.9K	+151.52%
Jun 30, 2025	CAPTRUST FINANCIAL ADVISORS	0%	0	-	-149K	-100.00%
Jun 30, 2025	MARINER, LLC	0.04%	15K	24.6K	15K	+100.00%
Jun 30, 2025	TWO SIGMA SECURITIES, LLC	0%	0	-	-11.09K	-100.00%
Mar 31, 2025	CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.	0%	0	-	-12K	-100.00%
Mar 31, 2025	JPMORGAN CHASE & CO	0%	1.1K	1.25K	-5	-0.45%
Mar 31, 2025	NEWEDGE ADVISORS, LLC	0.01%	1.97K	2.23K	0	0
Mar 31, 2025	CAPTRUST FINANCIAL ADVISORS	0.44%	149K	168.37K	149K	+100.00%
Mar 31, 2025	COLONY GROUP, LLC	2.82%	950.53K	1.07M	-48.14K	-4.82%
Mar 31, 2025	BLACKROCK, INC.	1.81%	608.48K	687.59K	-1.44K	-0.24%
Mar 31, 2025	DESTINATION WEALTH MANAGEMENT	0.49%	164.7K	186.11K	164.7K	+100.00%
Mar 31, 2025	GEODE CAPITAL MANAGEMENT, LLC	0.9%	302.42K	341.85K	5.92K	+2.00%
Mar 31, 2025	VANGUARD GROUP INC	1.55%	521.46K	589.25K	32.74K	+6.70%
Mar 31, 2025		0%	19	21	0	0
Mar 31, 2025	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	15.82K	-1.05K	-6.98%
Mar 31, 2025	RAYMOND JAMES FINANCIAL INC	0.05%	16.44K	18.57K	0	0
Mar 31, 2025	SCHONFELD STRATEGIC ADVISORS LLC	0.06%	19.21K	21.7K	-1.19K	-5.85%
Mar 31, 2025	FREEGULLIVER LLC	0.06%	20K	22.6K	0	0
Mar 31, 2025	FMR LLC	0%	0	-	-727	-100.00%
Mar 31, 2025	KINGSVIEW WEALTH MANAGEMENT, LLC	0%	0	-	-10K	-100.00%
Mar 31, 2025	FAIRMAN GROUP, LLC	0%	125	214	0	0
Mar 31, 2025	BANK OF AMERICA CORP /DE/	0%	243	275	-3.99K	-94.26%
Mar 31, 2025	BNP PARIBAS ARBITRAGE, SNC	0%	801	905	0	0
Mar 31, 2025	MGO ONE SEVEN LLC	0.01%	2K	2.26K	2K	+100.00%
Mar 31, 2025	TOWER RESEARCH CAPITAL LLC (TRC)	0.01%	3.57K	4.03K	173	+5.10%
Mar 31, 2025	MORGAN STANLEY	0.01%	3.94K	4.45K	0	0
Mar 31, 2025	UBS GROUP AG	0.01%	5K	5.65K	4.19K	+520.35%
Mar 31, 2025	HB WEALTH MANAGEMENT, LLC	0.03%	10K	11.3K	0	0
Mar 31, 2025	TWO SIGMA SECURITIES, LLC	0.03%	11.09K	12.54K	11.09K	+100.00%
Mar 31, 2025	VIRTU FINANCIAL LLC	0.04%	13.13K	15K	13.13K	+100.00%
Mar 31, 2025	FOUNDATIONS INVESTMENT ADVISORS, LLC	0.04%	13.8K	15.59K	0	0
Mar 31, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.07%	21.87K	24.71K	0	0
Mar 31, 2025	NORTHERN TRUST CORP	0.15%	51.89K	58.64K	0	0
Mar 31, 2025	RENAISSANCE TECHNOLOGIES LLC	0.3%	100.5K	113.57K	2.43K	+2.48%
Mar 31, 2025	STATE STREET CORP	0.31%	105.62K	119.35K	0	0
Mar 31, 2025	SHUFRO ROSE & CO LLC	0.35%	116.8K	131.98K	0	0
Mar 31, 2025	CITADEL ADVISORS LLC	0%	0	-	-6.3K	-100.00%
Mar 31, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.36%	120.62K	136.3K	35.33K	+41.42%
Mar 31, 2024	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.07%	21.87K	28.43K	0	0
Mar 31, 2024	SCHONFELD STRATEGIC ADVISORS LLC	0.07%	22K	28.6K	-500	-2.22%
Mar 31, 2024	NORTHERN TRUST CORP	0.16%	54K	70.21K	0	0
Mar 31, 2024	RENAISSANCE TECHNOLOGIES LLC	0.23%	77.14K	100K	-17.26K	-18.28%
Mar 31, 2024	KINGSVIEW WEALTH MANAGEMENT, LLC	0.25%	82.87K	107.73K	68.5K	+476.82%
Mar 31, 2024	MORGAN STANLEY	0.27%	89.36K	116.16K	-9.75K	-9.84%
Mar 31, 2024	STATE STREET CORP	0.32%	105.62K	137.31K	0	0
Mar 31, 2024	SHUFRO ROSE & CO LLC	0.41%	137K	178.1K	-2K	-1.44%
Mar 31, 2024	GEODE CAPITAL MANAGEMENT, LLC	0.71%	239.11K	310.95K	3.67K	+1.56%
Mar 31, 2024	VANGUARD GROUP INC	1.26%	422.54K	549.31K	0	0
Mar 31, 2024	BLACKROCK INC.	1.82%	608.55K	791.12K	-7.7K	-1.25%
Mar 31, 2024	VIRTU FINANCIAL LLC	0%	0	-	-16.3K	-100.00%
Mar 31, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0%	0	-	-26.19K	-100.00%
Mar 31, 2024	BANK OF NEW YORK MELLON CORP	0%	0	-	-18.39K	-100.00%
Mar 31, 2024	STONEX GROUP INC.	0%	0	-	-85.12K	-100.00%
Mar 31, 2024	QUBE RESEARCH & TECHNOLOGIES LTD	0%	1	1	0	0
Mar 31, 2024	FAIRMAN GROUP, LLC	0%	125	163	0	0
Mar 31, 2024	CITADEL ADVISORS LLC	0%	300	390	100	+50.00%
Mar 31, 2024	COLONY GROUP, LLC	2.98%	998.67K	1.59M	998.67K	+100.00%
Mar 31, 2024	BNP PARIBAS ARBITRAGE, SNC	0%	801	1.04K	0	0
Mar 31, 2024	ADVISOR GROUP HOLDINGS, INC.	0%	1K	1.3K	0	0
Mar 31, 2024	JPMORGAN CHASE & CO	0%	1.04K	1.36K	0	0
Mar 31, 2024	SIMPLEX TRADING, LLC	0.01%	2.3K	2K	-1.52K	-39.76%
Mar 31, 2024	UBS GROUP AG	0.02%	7.77K	10.1K	7.77K	+100.00%
Mar 31, 2024	TOWER RESEARCH CAPITAL LLC (TRC)	0.02%	7.79K	10.12K	-2.57K	-24.83%
Mar 31, 2024	WELLS FARGO & COMPANY/MN	0.02%	8.24K	10.71K	-11K	-57.17%
Mar 31, 2024	HB WEALTH MANAGEMENT, LLC	0.03%	10K	13K	0	0
Mar 31, 2024	CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.	0.04%	12K	16K	12K	+100.00%
Mar 31, 2024	SEQUOIA FINANCIAL ADVISORS, LLC	0.04%	12.85K	16.71K	12.85K	+100.00%
Mar 31, 2024	HRT FINANCIAL LP	0.04%	14K	18K	-38.05K	-73.11%
Mar 31, 2024	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	18K	0	0
Mar 31, 2024	ENVESTNET ASSET MANAGEMENT INC	0.04%	14K	18.2K	0	0
Mar 31, 2024	RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC.	0.05%	15.94K	20.72K	0	0
Mar 31, 2024	NEXT LEVEL PRIVATE LLC	0.05%	16K	20.8K	0	0
Mar 31, 2024	BENEDETTI & GUCER, INC.	0.06%	20.18K	26K	-13.96K	-40.89%
Mar 31, 2024	MILLENNIUM MANAGEMENT LLC	0.07%	21.92K	28.5K	-2.38K	-9.80%
Dec 31, 2023	UBS GROUP AG	0%	0	-	-678	-100.00%
Dec 31, 2023	SIMPLEX TRADING, LLC	0.01%	3.82K	3K	3.82K	+100.00%
Dec 31, 2023	JPMORGAN CHASE & CO	0%	1.04K	1.05K	-182	-14.87%
Dec 31, 2023	ADVISOR GROUP HOLDINGS, INC.	0%	1K	1.01K	0	0
Dec 31, 2023	BNP PARIBAS ARBITRAGE, SNC	0%	801	809	0	0
Dec 31, 2023	CITADEL ADVISORS LLC	0%	200	202	200	+100.00%
Dec 31, 2023		0%	125	126	125	+100.00%
Dec 31, 2023	QUBE RESEARCH & TECHNOLOGIES LTD	0%	1	1	-540	-99.82%
Dec 31, 2023	CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.	0%	0	-	-12.17K	-100.00%
Dec 31, 2023	JANE STREET GROUP, LLC	0%	0	-	-28.72K	-100.00%
Dec 31, 2023	SQUAREPOINT OPS LLC	0%	0	-	-10.73K	-100.00%
Dec 31, 2023	CARY STREET PARTNERS INVESTMENT ADVISORY LLC	0%	0	-	-4K	-100.00%
Dec 31, 2023	DUDLEY CAPITAL MANAGEMENT, LLC	0%	0	-	-15.1K	-100.00%
Dec 31, 2023	VIRTU FINANCIAL LLC	0.05%	16.3K	16K	16.3K	+100.00%
Dec 31, 2023	NEXT LEVEL PRIVATE LLC	0.05%	16K	16.16K	0	0
Dec 31, 2023	RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC.	0.05%	15.94K	16.09K	0	0
Dec 31, 2023	KINGSVIEW WEALTH MANAGEMENT, LLC	0.04%	14.37K	14.51K	-360	-2.44%
Dec 31, 2023	ENVESTNET ASSET MANAGEMENT INC	0.04%	14K	14.14K	0	0
Dec 31, 2023	MERCER GLOBAL ADVISORS INC /ADV	0.04%	14K	14K	0	0
Dec 31, 2023	TOWER RESEARCH CAPITAL LLC (TRC)	0.03%	10.36K	10.47K	1.64K	+18.81%
Dec 31, 2023	HB WEALTH MANAGEMENT, LLC	0.03%	10K	10.1K	0	0
Dec 31, 2023	BANK OF NEW YORK MELLON CORP	0.05%	18.39K	18.58K	1	+0.01%
Dec 31, 2023	WELLS FARGO & COMPANY/MN	0.06%	19.24K	19.43K	-12.49K	-39.37%
Dec 31, 2023	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.07%	21.87K	22.09K	0	0
Dec 31, 2023	SCHONFELD STRATEGIC ADVISORS LLC	0.07%	22.5K	22.73K	-1.1K	-4.66%
Dec 31, 2023	MILLENNIUM MANAGEMENT LLC	0.07%	24.31K	24.55K	-96.69K	-79.91%
Dec 31, 2023	BENEDETTI & GUCER, INC.	0.1%	34.14K	34.48K	-12.83K	-27.31%
Dec 31, 2023	HRT FINANCIAL LP	0.16%	52.04K	52K	-34.03K	-39.53%
Dec 31, 2023	NORTHERN TRUST CORP	0.16%	54K	54.54K	-3.27K	-5.72%
Dec 31, 2023	WADE G W & INC	0.22%	72.62K	73K	72.62K	+100.00%
Dec 31, 2023	STONEX GROUP INC.	0.25%	85.12K	86K	-134.14K	-61.18%
Dec 31, 2023	RENAISSANCE TECHNOLOGIES LLC	0.28%	94.4K	95K	70.5K	+294.98%
Dec 31, 2023	MORGAN STANLEY	0.3%	99.11K	100.1K	81.22K	+454.13%
Dec 31, 2023	STATE STREET CORP	0.32%	105.62K	106.68K	0	0
Dec 31, 2023	SHUFRO ROSE & CO LLC	0.41%	139K	150.12K	0	0
Dec 31, 2023	GEODE CAPITAL MANAGEMENT, LLC	0.7%	235.45K	237.88K	0	0
Dec 31, 2023	VANGUARD GROUP INC	1.26%	422.54K	426.77K	-47.07K	-10.02%
Dec 31, 2023	BLACKROCK INC.	1.84%	616.25K	622.41K	-908	-0.15%

Insiders

Among the REFR insiders holding of 15.34% of the stake in company, DOUGLAS KEVIN, 10 percent owner, holds the largest shares of 570.67K. HARARY JOSEPH M, President and CEO, is the second largest REFR insider with ownership of 419.94K shares. GRIMES GREGORY GEORGE, director, stands third with possession of 177.13K shares of that stake.

Insiders	Designation	Shares Held
DOUGLAS KEVIN	10 percent owner	570.67K
HARARY JOSEPH M	President and CEO	419.94K
GRIMES GREGORY GEORGE	director	177.13K
KAGANOWICZ ALEXANDER	director	164.92K
VAN VOORHEES SETH	CFO & VP-Buisness Develpoment	138.9K
LAPOINTE MICHAEL R	VP-Marketing	35.69K
DAIGLE DARRYL		33.93K

Buying/Selling by Insiders

Date	Insider	Type	Cost	Shares	Value ($)	Shares Total
Jun 14, 2024	KAGANOWICZ ALEXANDER	PURCHASE	1.94	2K	3.88K	164.92K
Jun 07, 2024	DAIGLE DARRYL	PURCHASE	1.74	4.3K	7.48K	33.93K
Feb 07, 2024	DAIGLE DARRYL	PURCHASE	1.00	1K	1K	4.27K
Dec 11, 2023	DAIGLE DARRYL	PURCHASE	0.97	7.75K	7.52K	217.19K
Oct 02, 2023	DAIGLE DARRYL	PURCHASE	1.05	500	525	3.27K
Sep 13, 2023	DAIGLE DARRYL	PURCHASE	1.40	5.35K	7.49K	75.16K
Jun 16, 2023	DAIGLE DARRYL	PURCHASE	1.49	4.7K	7K	207.84K
Jun 15, 2023	DAIGLE DARRYL	PURCHASE	1.59	4.4K	7K	129.4K
Feb 09, 2023	DAIGLE DARRYL	PURCHASE	2.00	3.5K	7K	203.14K
Jan 25, 2023	DAIGLE DARRYL	PURCHASE	2.00	3.5K	7K	25.23K
Aug 25, 2020	DOUGLAS KEVIN	SALE	2.16	38K	81.9K	570.67K
Aug 07, 2020	DOUGLAS KEVIN	SALE	3.56	20K	71.2K	608.67K
Jul 28, 2020	DOUGLAS KEVIN	SALE	3.20	20K	64K	628.67K
Jul 20, 2020	DOUGLAS KEVIN	SALE	3.28	20.81K	68.25K	648.67K
Jul 17, 2020	DOUGLAS KEVIN	SALE	3.29	5.58K	18.36K	669.48K
Jul 16, 2020	DOUGLAS KEVIN	SALE	3.31	2.31K	7.63K	675.06K
Jul 15, 2020	DOUGLAS KEVIN	SALE	3.45	5.32K	18.35K	677.36K
Jul 14, 2020	DOUGLAS KEVIN	SALE	3.36	3.53K	11.87K	682.68K
Jul 13, 2020	DOUGLAS KEVIN	SALE	3.45	3.11K	10.72K	686.21K
Jul 01, 2020	DOUGLAS KEVIN	SALE	3.85	360	1.39K	689.32K
Jun 30, 2020	DOUGLAS KEVIN	SALE	3.91	6.5K	25.41K	689.68K
Jun 29, 2020	DOUGLAS KEVIN	SALE	3.97	13.61K	54.03K	696.18K
Jun 26, 2020	DOUGLAS KEVIN	SALE	4.53	20.81K	94.26K	709.79K
Jun 25, 2020	DOUGLAS KEVIN	SALE	5.04	7.82K	39.42K	730.6K
Jun 27, 2019	LAPOINTE MICHAEL R	SALE	3.27	15.13K	49.47K	35.69K
Jun 26, 2019	LAPOINTE MICHAEL R	SALE	3.42	4K	13.68K	50.81K
Jun 25, 2019	LAPOINTE MICHAEL R	SALE	3.35	26.27K	87.99K	54.81K
Nov 20, 2018	KAGANOWICZ ALEXANDER	PURCHASE	1.24	5K	6.2K	162.92K
Nov 19, 2018	HARARY JOSEPH M	PURCHASE	1.24	5K	6.21K	419.94K
Nov 19, 2018	DAIGLE DARRYL	PURCHASE	1.23	3.23K	3.98K	199.62K
Oct 15, 2018	DAIGLE DARRYL	PURCHASE	1.66	1.5K	2.5K	196.39K
Oct 11, 2018	DAIGLE DARRYL	PURCHASE	1.74	2K	3.48K	19.23K
Oct 10, 2018	GRIMES GREGORY GEORGE	SALE	1.72	18K	31K	177.13K
Sep 11, 2018	DOUGLAS KEVIN	PURCHASE	0.00	54.35K	-	54.35K
Jul 23, 2018	DAIGLE DARRYL	PURCHASE	0.85	2.3K	1.95K	19.73K
Jul 20, 2018	DAIGLE DARRYL	PURCHASE	0.83	200	166	17.43K
Jul 19, 2018	DAIGLE DARRYL	PURCHASE	0.81	2	1.62	17.23K
Jul 16, 2018	DAIGLE DARRYL	PURCHASE	0.82	3K	2.46K	17.23K
Jul 13, 2018	DAIGLE DARRYL	PURCHASE	0.82	354	290.28	14.23K
Jul 11, 2018	DAIGLE DARRYL	PURCHASE	0.83	285	236.55	13.87K
Jun 25, 2018	KAGANOWICZ ALEXANDER	PURCHASE	0.79	10K	7.85K	157.92K
Jun 06, 2018	DAIGLE DARRYL	PURCHASE	0.90	3.06K	2.76K	69.81K
Jun 05, 2018	DAIGLE DARRYL	PURCHASE	0.92	2.5K	2.3K	66.75K
Jun 04, 2018	HARARY JOSEPH M	PURCHASE	0.85	5K	4.25K	414.94K
May 31, 2018	DAIGLE DARRYL	PURCHASE	0.81	1.02K	825.39	2.77K
May 30, 2018	DAIGLE DARRYL	PURCHASE	0.81	1.01K	819.72	1.75K
May 16, 2018	DAIGLE DARRYL	PURCHASE	0.87	7.45K	6.48K	194.89K
May 16, 2018	HARARY JOSEPH M	PURCHASE	0.87	10K	8.7K	409.94K
Dec 01, 2017	DAIGLE DARRYL	PURCHASE	0.98	2K	1.96K	187.44K
Sep 12, 2017	VAN VOORHEES SETH	PURCHASE	1.15	4K	4.6K	138.9K
Aug 11, 2017	DAIGLE DARRYL	PURCHASE	1.10	827	909.7	185.44K
Aug 10, 2017	DAIGLE DARRYL	PURCHASE	1.10	673	740.3	184.62K
Aug 09, 2017	DAIGLE DARRYL	PURCHASE	1.13	1K	1.13K	183.94K
Aug 07, 2017	DAIGLE DARRYL	PURCHASE	1.18	1.5K	1.77K	182.94K
Aug 04, 2017	KAGANOWICZ ALEXANDER	PURCHASE	1.24	6K	7.47K	147.92K
Jul 19, 2017	DAIGLE DARRYL	PURCHASE	9.80	32.38K	317.3K	90.23K
Jul 19, 2017	KAGANOWICZ ALEXANDER	PURCHASE	5.19	892	4.63K	110.96K

Frequently Asked Questions