Insider selling
Insider selling gets more headlines than it deserves. Most senior pay is delivered in stock, so selling is simply how executives convert compensation into cash — and a large share of it is scheduled months ahead under a Rule 10b5-1 plan, which tells you nothing about what the insider thinks today.
Every row below separates the two. Trades marked Planned were pre-arranged. What is left is discretionary selling, which is the only part worth reading closely.
Screens
Open-market stock sales by CEOs from SEC Form 4 filings, with pre-arranged 10b5-1 trades clearly flagged.
The largest open-market insider stock sales reported on SEC Form 4, over $1 million, with 10b5-1 planned trades flagged.
Open-market insider sales made outside any pre-arranged trading plan — the sales that were actually decided recently.
Latest open-market sales
Past 30 days, newest first.
Buying is the stronger signal
Insiders sell for many reasons. They buy for one.