Insider Action: Multimillion-dollar sell-offs across major U.S. companies
Insider Trading Activities - Nvidia board member Mark Stevens sold 350,000 shares for over $63 million, with the stock up more than 30% year-to-date [1] - American Eagle CFO sold over 186,000 shares for $4.5 million, coinciding with a cluster of sales by four other insiders as the stock reached a four-year high [2] - Tesla board member Kimell Musk sold approximately 57,000 shares for over $25 million [2] - Verly CEO sold 156,000 shares for nearly $10 million [3] - Varity reported that five insiders sold a total of $38 million in shares over the previous month [3] Related Party Transactions - Kimell Musk gifted 30,000 shares to a donor-advised fund in the month leading up to the stock sale, outside of a preset trading plan [3]