Insider filings dominated headlines this week, with C-suite executives at several US companies locking in gains while Bill Ackman moved in the opposite direction.
PWR CEO Duke Austin filed the biggest C-level exit. He disclosed selling over $75M worth of Quanta Services shares across multiple trades on May 5. The transactions were filed May 7. FIX CEO Brian Lane also sold, offloading nearly $22M in Comfort Systems USA stock filed May 6.
KO Chairman and CEO James Quincey filed a $15.8M sale of Coca-Cola shares on May 11. The trade occurred May 7 at roughly $79 per share.
On the buying side, Bill Ackman stood out. He filed a $15.7M purchase of his own company, PS (Pershing Square Inc.), on May 4. That's a clear vote of confidence from the firm's founder.
Corvex Management piled into WGS GeneDx Holdings, filing over in combined purchases on May 11. General Atlantic also disclosed buying nearly in Alkami Technology across three days.
UPST founder Dave Girouard filed a $5M personal purchase of Upstart Holdings on May 8 — a notable bet from the company's own chairman.
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