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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

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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.

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