Stéphane Bancel still holds 25M "shares " MODERNA $$$$$$$$$
On the surface, there's nothing illegal about these stock sales. According to the company and the executives' government-mandated disclosures, the transactions were all done in accordance with automatic stock sale arrangements aimed at inoculating corporate executives from accusations of insider trading.
"These sales were part of a pre-planned 10b5-1 sales," Moderna said in a prepared statement. Such sales are common among corporate executives; they're scheduled in advance so the executives can't be accused of timing them to profit from non-public information about their companies
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