Intel Corp (INTC)

[techno_bull]

Well it is most certainly a fine line that executives must walk when they own sufficient equity in the company that any sale of their equity position is public information. Being in this position, company executives are almost prohibited from liquidating huge blocks of their equity position without telegraphing that the 'sky is indeed falling' so as to avoid the collapse of the stock price for the shareholders as well as the other executives (peers).

So to me, any significant stock sale (even though the executive may continue to hold a large equity position) is still to be viewed as an important short term indicator that things are not well and that the expectation for short term price depreciation is expected (at least by this executive). The exception to this would if the executive has implemented a regular period liquidation of held shares that occurs every year or every 6 months or something regardless of current price trends or company fundamentals.