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Tech and banking insiders cash in more than $800 million in stock - missing the worst of the market collapse.
stock :: 2025-03-12 :: source - fortune
By Marco Quiroz-Gutierrez
Meta CEO Mark Zuckerberg. Fortune / David Paul Morris—Bloomberg via Getty Images
CEOs such as JPMorgan Chase’s Jamie Dimon and Meta’s Mark Zuckerberg sold a cumulative $834 million in shares via prearranged 10b5-1 trading plans. The sales, although scheduled in advance, hit before the market rout this week on broad investor fears fueled by a weekend interview in which President Trump did not rule out the possibility of a recession in 2025.
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