Firm founders and leaders are unloading their inventory at historic ranges, with some promoting shares of their companies for the primary time in years, amid hovering market valuations and forward of attainable modifications in U.S. and a few state tax legal guidelines.
Thus far this yr, 48 high executives have collected greater than $200 million every from inventory gross sales, practically 4 instances the typical variety of insiders from 2016 via 2020, in keeping with a Wall Avenue Journal evaluation of information from the analysis agency InsiderScore.