GME Insider Sales - Do They Matter? Two Gamestop Insiders sell off shares

GME Insider Sales - Do They Matter? Two Gamestop Insiders sell off shares. On October 7th and October 11th Gamestop insiders Daniel Moore (PFO) and Mark Robinson (General Counsel) filed Form 4's notifying investors of insider sales of GME shares not related to taxes. Both executives recently had RSUs vested and filed additional Form 4's to cover applicable withholding taxes under separate filing on October 2, 2024. While every individual investor needs to make their own assessment of the relevance of insider sales to their own trading strategy, it is important to note when insider sales do occur. Over the last 18 months Mr. Robinson's ownership of GME shares has decreased from 81,343 to 43,927 shares.

Due Diligence Links:
1) Investing.com Article on GME Insider Sales: https://www.investing.com/news/insider-trading-news/gamestop-executive-sells-over-229k-in-company-stock-93CH-3660671#TonyDenaro

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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.