CEO Dumps $64M While a COO Buys the Dip

The latest filings in ORTEX insider data show a stark split in executive conviction, with one founder selling heavily into a rally and a US tech chief putting fresh money to work.

Zetrix AI CEO Cashes Out $64M

Wong Thean Soon, founder and CEO of ZETRIX (Zetrix AI Berhad), filed 12 separate sell transactions between late August and early September. Total proceeds reached $63.6 million across more than 900 million shares. The trades ran from 27 August to 4 September, with filings reported through 7 September. Even after the sales, Wong retained around 1.4 billion shares. The scale and pace of selling stand out. Prices ranged from roughly $0.21 to $0.48 per share across the transactions, suggesting he sold into intraday strength.

Uber COO Steps Up With $5.3M Buy

Andrew MacDonald, President and COO of UBER, filed a purchase of 70,000 shares on 4 September, worth approximately $5.3 million in total. The filing was reported on 8 September. This was a discretionary open-market buy, not a pre-arranged plan sale, making it a stronger signal of personal confidence. COO-level purchases of this size are uncommon at mega-cap companies.

Helus Pharma: Two Directors Buy Together

Two directors at HELP (Helus Pharma) filed purchases totalling around $4.6 million across early September. Eric So and Paul Glavine each bought roughly 100,000 shares at prices near $12. Multiple directors buying simultaneously is typically one of the stronger cluster signals in insider data.

Insider data sourced from ORTEX. This is not financial advice.