Filings from the past week show a wave of selling across US companies, with Charles Schwab's founder leading the charge.
Charles Schwab himself disclosed $19.8M in sales at SCHW. The founder and Co-Chairman sold shares across three separate days — July 24, 28, and 29 — at prices between $101 and $106. His daughter Carolyn Schwab-Pomerantz filed her own $2.4M sale on the same day. Three insiders in total dumped $22.9M combined in the past week.
At MEDP, founder and Chairman/CEO August Troendle filed $4.3M in sales across two days. An Executive VP added another $4.5M sale at $600 per share. Medpace trades near all-time highs, making the timing notable.
THC saw its CIO sell $2.65M worth of stock. Two independent directors sold another $2.2M combined. All three filings hit on the same day — July 28 — the most concentrated cluster in the dataset.
The biggest story in retail: a 10% owner in VSXY — Victoria's Secret — dumped nearly $90M worth of shares over the past week at around $89 per share. That follows the stock's sharp rally of recent months.
On the buy side, SAND saw Swedish investment firm Lundbergföretagen purchase $35M in Sandvik shares — a rare large-scale conviction buy from a board-level stakeholder.
This article is for informational purposes only and does not constitute financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
