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Submitted URL: https://info.verityplatform.com/e/837663/g-11656514551-mod-hp-lead-pos5/nmvdn/559799284?h=fx_bdbCpMn0ONnNfOmjbsgwF8Eu4Sl77VxSA5a...
Effective URL: https://www.wsj.com/articles/executive-stock-sales-questions-insider-trading-11656514551?mod=hp_lead_pos5
Submission: On July 20 via api from CH — Scanned from DE
Effective URL: https://www.wsj.com/articles/executive-stock-sales-questions-insider-trading-11656514551?mod=hp_lead_pos5
Submission: On July 20 via api from CH — Scanned from DE
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Skip to Main ContentSkip to SearchSkip to... Select * Listen to Article * What To Read Next SubscribeSign In One CEO sold about 40% of the shares he owned in his company at a high point, making a $36 million profit. $65.82 a share on average | December 2020 | January 2021 | December 2020 | January 2021 Click (or tap) chart to replay One week later, the company started releasing a string of negative announcements. Over three months, the stock price dropped 60%. $25.25 a share | December 2020 | January 2021 | April 2021 | December 2020 | January 2021 | April 2021 Click (or tap) chart to replay https://www.wsj.com/articles/executive-stock-sales-questions-insider-trading-11656514551 CEO STOCK SALES RAISE QUESTIONS ABOUT INSIDER TRADING A WSJ ANALYSIS OF PRESET TRADING PLANS BY COMPANY INSIDERS SHOWS THAT EXECUTIVES BENEFIT WHEN SALES HAPPEN QUICKLY AFTER THE PLANS’ ADOPTION. ACADEMICS AND THE SEC SAY SOME CORPORATE INSIDERS MIGHT BE USING NONPUBLIC INFORMATION TO GAME THE SYSTEM. By Tom McGinty and Mark Maremont June 29, 2022 11:00 am ET Share Text 124 Responses Your browser does not support the audio tag. Listen to article Length (2 minutes) AD Loading advertisement... 00:00 / 01:34 1x This article is in your queue. Open Queue As Plug Power Inc. shares soared to a 15-year high in January 2021, longtime Chief Executive Andrew Marsh unloaded some of his stock in a well-timed sale. In his biggest-ever payday from selling the company’s shares, Mr. Marsh netted $36 million by selling about 40% of his holdings under an automatic trading plan. Subscribe Sign In CONTINUE READING YOUR ARTICLE WITH A WSJ MEMBERSHIP SUMMER SALE €2 PER MONTH FOR 1 YEAR View Membership Options RESUME SUBSCRIPTION We are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service. Please click confirm to resume now. Confirm Customer CenterSubscriber AgreementPrivacy NoticeCookie Notice© 2022 Dow Jones & Company, Inc. All Rights Reserved.