- Executives sold $11.8 million worth of stock so far this year at prices just below $130 a share
- Some of the sales came just days before the bank started facing liquidity trouble
- First Republic gets $30 billion cash infusion
First Republic Bank executives quietly sold nearly $12 million worth of its stock in just the past three months, according to the Wall Street Journal. Executive Chairman James Herbert II sold the most of any of the other insiders, off-loading a whopping $4.5 million worth of shares since the start of the year...
Post a Comment