Blue biofuels director Kneppers sells $91,000 in BIOF shares By Investing.com

Chris J Kneppers, a director at BLUE BIOFUELS, INC. (), sold a total of $91,000 worth of common stock in three separate transactions earlier this month. The sales occurred between September 1 and September 3, 2026.

Mr. Kneppers disposed of 1,000,000 shares in total, with prices ranging from $0.09 to $0.1 per share. On September 1, 2026, he sold 200,000 shares at $0.09 each. This was followed by the sale of 700,000 shares at $0.09 per share on September 2, 2026. The final transaction took place on September 3, 2026, involving 100,000 shares sold at $0.1 per share.The insider sales come as BLUE BIOFUELS stock has faced significant headwinds, with shares down 8% over the past week and declining 45% over the last six months. The company, which has a market cap of $31.24 million, currently holds a “WEAK” financial health rating according to InvestingPro analysis. Investors seeking deeper insights can access over 5 additional ProTips and comprehensive financial metrics on the platform.

Following these transactions, Mr. Kneppers directly holds 20,472,677 shares of BLUE BIOFUELS common stock. Of this amount, 19,472,677 shares are held jointly with Angela Kneppers.

In other recent news, Blue Biofuels, Inc. announced a change in its independent registered public accounting firm due to the merger of its previous auditor, Assure CPA, LLC, into Sadler, Gibb & Associates, LLC. The company was informed on June 3 that Assure CPA had merged into Sadler Gibb following an asset purchase agreement. Consequently, Assure CPA ceased its operations as a public accounting firm and resigned as Blue Biofuels’ independent auditor. This change was confirmed through a press release statement and a filing with the Securities and Exchange Commission. Investors may want to note these developments as they reflect changes in the company’s financial oversight.

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