Executives Cash Out as Filings Flood In
Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish
Insider selling dominated disclosures filed this week. ASTS founder and CEO Abel Avellan filed June 23, revealing he sold 2.5 million shares for $146.7M on June 22. The sale was priced at $58.68 per share. AST SpaceMobile has been one of 2026's hottest satellite broadband stocks.
At NVDA, Independent Director Mark Stevens filed two sales on June 23, totalling $186M in shares sold on June 18. The transactions covered 885,000 shares at around $210 each.
The most striking cluster came from AGX, Argan Inc. Six insiders — including Chairman William Griffin Jr., CEO David Watson, CFO Joshua Baugher, and three independent directors — all filed sales within days of each other. Combined, they offloaded $79.2M in shares, with Griffin alone accounting for $69M across three trades. That level of coordinated selling at the same company is rare.
Hyatt Hotels CEO Mark Hoplamazian filed multiple sales on June 23, totalling roughly $22.5M sold across several tranches.
One buyer stood out. Paul Berns, an Independent Director at biotech firm KARD, filed a $20M purchase on June 24 — buying 1.25 million shares at $16 each. That kind of director-level buying signals strong internal confidence.
This article is not financial advice.
Stocks in this article
How this article was generated
- Generated
- 29 Jun 2026, 00:13
- Prompt version
- v1.0
- Data sources
- Institutional positioning
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.