“Bezos, Other Corporate Executives Sold Shares Just in Time,” by Susan Pulliam, Coulter Jones and Andrea Fuller: “Top executives at U.S.-traded companies sold a total of roughly $9.2 billion in shares of their own companies between the start of February and the end of last week, a Wall Street Journal analysis shows.
“The selling saved the executives—including many in the financial industry—potential losses totaling $1.9 billion, according to the analysis, as the S&P 500 stock index plunged about 30% from its peak on Feb. 19 through the close of trading March 20.
“The Journal examined more than 4,000 regulatory filings related to stock sales between Feb. 1 and March 19 by corporate officers of companies traded in the U.S. Avoided losses for the seller are based on the change in the value of each stock between when it was sold and March 20.”
Sorry, comments are closed for this post.