Innoviva, Inc. bought $4.0M of ARMP

bought $4.00m of ARMP

1,212,122 shares @ $3.30

Increased holdings by +19.70%

10th largest trade (out of 12)

Large TradeCluster BuyPositive 90D History

Trade made by a director

Part of a cluster of 2 transactions by 2 insiders

Unscheduled trade

67% win rate · -2.4% median edge vs SPY (6 trades, 90-day · small sample)

Price 25% below 200-day moving average

Micro Cap stock — higher insider information edge

ARMPArmata Pharmaceuticals, Inc.

HealthcareBiotechnology

1D0.00%

1W-23.14%

1M-43.27%

3M-65.55%

6M—

1Y—

Recent insider activity at ARMP