Their continuing to sell shares AFTER the official DTC lock of which they were obviously as a matter of legal rountine notified and therefore responsible for obeying, is a simplest blatant violation of a material and knowing nature.
Even without a windy explanation, it's at least fraud, and worse.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.