XpresSpa Group Inc (XSPA)

[xlt leader]

Then insider trades were pre-planned and automatically executed when the stock traded above $4.25 I believe. If you take a look at how many shares they own and how much was actually sold it is quite trivial. Google insiders sell billions of dollars worth of shares every month using the same principle, Bill gGates did it for years, Larry Elison Steve Jobs, it's just what you do to diversify when you are in that position. People highlight it for smaller companies but unless they are unloading the bulk of the position, it's not really a problem