Paysafe Limited CEO Philip McHugh purchased 0.29 million shares of the company for a total purchase price of $1.0 million.
McHugh purchased the shares on the open market on Dec. 3.
Additionally, other executive officers and independent board members of Paysafe purchased 0.45 million shares totaling $1.8 million.
They purchased the shares on the open market between Nov. 12 and Dec. 3.
Paysafe shares have lost 75.6 percent year-to-date.
By Anusuya Lahiri
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