Insider Trading on the High Seas: A Cautionary Tale of Sea Limited's Strength When a company's financials are as vast and lucrative as those of Sea Limited, it's no wonder its executives would want to cash in.
However, this raises questions about insider trading and their motivations. Yanjun Wang, CCO and general counsel, recently sold 3,000 shares through a Rule 10b5 1 trading plan.
This mechanism is designed to alleviate concerns about executives using non public information for personal gain. But does it truly mitigate the risks associated with insider trading?