Precisely. If you're in an executive position at a company, you're an "insider" pretty much 100% of the time so you have no choice but to sign up for a trading plan that dumps stock on a regular basis regardless of the price.

And the reason why his sales grow is likely because his stockpile of vested equity has grown over time, so selling "10% of holding" is going to go up every year.

This statement is speculative.

It's quite interesting how quickly people rush in to defend persons in perceived power, without objectively analyzing the actual claim. Are you part of the C-suite in-group?

It's not speculative at all. It's the law for insiders.

It's actually speculative to argue he "dumping" stocks because that would be illegal.

> When you notice that X person is "dumping sizable amounts of stock", and use that as your foundation for a wave of further speculation, the first thing you should consider doing is looking at the actual filing[0].

...I did.

> So did this person "dump" stock? Sure. Did they choose to do it at this particular point in time? No, a predetermined trading plan did.

Doug began offloading stock 11/23/2022. Doug is still selling this month. While I agree that some was predetermined, it wasn't all predetermined. And that's the point.