Insider selling has picked up across several US companies this month, with C-suite executives filing significant exits in recent weeks.
The clearest cluster is at FIX. Four executives filed sales totalling over $42M. CEO Brian Lane sold nearly $21.9M worth of shares on May 5. CFO William George filed two separate sales worth a combined $9.8M. The Chairman and Chief Accounting Officer also sold. All four filings landed within a week of each other.
GLW saw eight insiders exit in quick succession. Corning's Executive Vice Chairman, CFO, and CIO each sold over $4M. Total filings reached $26M, all reported between May 6 and May 14.
At SEI, the selling is even larger. Solaris Energy Infrastructure insiders filed combined sales of nearly $297M over the past two weeks. Board member Howard Keenan filed a $149M sale on May 7, following a separate $141.5M exit filed by a 10% owner on May 4.
TWLO also saw a notable exit. A board-level hedge fund representative filed a $130.6M sale on May 12, covering 675,000 shares traded at roughly $193 each.
On the buy side, meaningful purchases from C-level executives were absent in recent filings — a pattern worth watching as markets hover near recent highs.
This article is for informational purposes only and is not 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.
