Insiders Cash Out Across US Markets

Fresh filings reveal a wave of selling by senior executives and major shareholders over the past week.

The biggest US story: Charles Schwab, founder and Co-Chairman of SCHW, filed sales totalling over $30M across four separate transactions between July 28 and August 4. He sold nearly 287,000 shares at prices around $105. That kind of repeated, multi-day selling from a company founder draws attention.

LTH — Life Time Group Holdings — saw three insiders file sales in the past week. CEO and founder Bahram Akradi filed a $19.5M sale on August 4, covering 433,000 shares traded July 31. Two other insiders also sold, pushing the group's total disclosed disposals to over $24.7M.

At VSXY, a 10% owner filed the sale of $64M worth of Victoria's Secret shares late July — a major block move that signals reduced conviction from a large institutional backer.

CFG Citizens Financial CEO Bruce Van Saun filed a $9.3M sale last week. Meanwhile, billionaire Carlos Slim filed four separate sales in PBF Energy totalling over $28M, all reported August 3.

Buying was notably absent among US C-suites this period. The clear trend: insiders are taking money off the table.