3 ms·
Okay, looking at David Lichtman, Senior Executive Vice President and Chief Credit Officer, let's see. https://finance.yahoo.com/screener/insider/LICHTMAN%20DAV
by pwinnski 4y ago
Okay, looking at David Lichtman, Senior Executive Vice President and Chief Credit Officer, let's see.
https://finance.yahoo.com/screener/insider/LICHTMAN%20DAVID%20B https://finance.yahoo.com/screener/insider/LICHTMAN%20DAVID%....
In 2023: Sold $917k on Jan 19, $594k on Feb 17, and $1.966 million on Mar 6.
But maybe that's normal! Let's see.
In 2022: Sold $326k on Nov 15, and $2.151 million on Dec 14.
Huh. Sold nothing at all before November, but $5.628 million from Dec, 2022 to Mar, 2023. That's... I wish we could go back farther, but there were no sales at all in 2021, at last as far back as the records go, which is at least May, 2021.
So from May 2021 to November 2022, no sales at all, then $326,000, then from December 2022 to March 2023, right before the crash, $5,628,000.
Lucky timing on the part of that Chief Credit Officer of a failing bank, right?
How about James H. Herbert, II, Founder and Executive Chairman? Honestly, he looks pretty safe. Sales on a semi-regular basis for similar amounts. 40k shares in 2021, 55k in 2022, 35k in 2023, not too suspicious.
Even less suspicious is Rick Osterloh, Senior Vice President of Devices & Services at Google, who was appoint to the board in September 2022 and bought $148k of shares in March 2023, days before the failure. Ouch!