Top execs of public US companies sold roughly $9.2 billion worth of shares in their own companies between the start of February and the end of last week, Wall Street Journal reports. Thousands of insiders reportedly made similar moves. More than 150 executives and officers each sold at least $1 million in company stock during February and March, after selling no stock at all in the previous year. These numbers come with no accusations of insider trading (aside from those levied against Republican senator Richard Barr et al.) In other words, Bezos sold the top — in a big way. Shortly after its February 19th peak, the S&P 500 index suffered its fastest 30% sell-off in history, reportedly exceeding declines felt during the Great Depression. Go him.
