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WW International (NASDAQ:WW) shares soared on Tuesday after a Form 4 filing revealed insider buying activity by CEO Sima Sistani.

Per the filing, Sistani purchased 63,395 shares of the weight management company at an average price of $3.91. Filings also show that Director Christopher Sobecki purchased 101,481 shares at an average price of $4.17.

Shares of WW International (WW) rose 15.56% near the midpoint of Tuesday’s trading day. Despite the jump on Tuesday, shares remain depressed 75% from their starting point in 2022.

Read more on the company’s recent earnings results.

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