Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

"Other insiders own additional 40+million shares"

that may have been true last year before sears filed for bk. however, berkowitz resigned as a director of sears, is no longer an insider, and has reduced his holdings from a peak of 28.9 million shares in q1 of 2017 to roughly 4.5 million as of his last filing.

https://www.gurufocus.com/news/757288/bruce-berkowitz-axes-67-of-sears-holdings-stake
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from the last annual report for fiscal year ended 2/3/2018

Bruce R. Berkowitz was a member of our Board of Directors from February 2016 through October 2017. Mr. Berkowitz serves as the Chief Investment Officer of Fairholme Capital Management, LLC, an investment adviser registered with the SEC, and is the President and a Director of Fairholme Funds, Inc., a SEC-registered investment company providing investment management services to three mutual funds (together with Fairholme Capital Management, LLC and other affiliates, "Fairholme"). Fairholme owned approximately 18% of our outstanding common stock at February 3, 2018 (excluding shares of common stock that Fairholme may acquire within 60 days upon the exercise of warrants to purchase shares of our common stock).
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with berkowitz out & his shares sold, doubt insiders own more than 50%