Executives Cash Out as CEO Buys In

Fresh filings this week reveal a split between sellers and a rare buyer. AST SpaceMobile CEO Abel Avellan filed Monday that he sold $146.7 million worth of stock. The trade — 2.5 million shares at $58.68 — was reported June 23. Avellan is the company's founder and chairman. His sell-off stands out given the stock's strong run in 2026.

NVIDIA director Mark Stevens filed two sales totalling $186 million on June 23. He offloaded 885,000 shares at roughly $210 each, both trades dated June 18. NVIDIA shares have gained sharply this year amid AI demand.

Hyatt Hotels CEO Mark Hoplamazian filed back-to-back sales on June 23. He sold 63,831 shares across two trades for a combined $12.6 million, both at around $197.

Against the selling tide, Paul Berns — a director at Kardigan — filed a $20 million purchase on June 24. He bought 1.25 million shares at $16 each. Director-level buys of this size are uncommon and often signal strong internal confidence.

Across the Kingboard group, five insiders at Kingboard Holdings filed over $1.1 billion in combined sales this week — an unusually large cluster of insider exits at a single company.