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Home Depot, McDonald’s, Snap, Delta, P&G: Executive Stock Sell-Offs Unveiled

Home Depot, McDonald’s, Snap, Delta, P&G: Executive Stock Sell-Offs Unveiled

Insiders have been trading these 5 stocks: ((HD)), ((MCD)), ((SNAP)), ((DAL)) and ((PG)). Here is a breakdown of their recent trades and their value.

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In a significant move within the executive ranks of Home Depot, several high-profile sales of company stock have been reported. Chair, President, and CEO Edward Decker led the way with the sale of 32,897 shares, amounting to a staggering $13,067,209. Following closely, EVP & CIO Angie Brown sold 1,000 shares for $404,070, while EVP – US Sales and Operations Hector A Padilla offloaded 1,585 shares for $640,609. Additionally, EVP & CFO Richard V McPhail parted with 3,369 shares, netting $1,359,930. These transactions highlight a significant reshuffling of stock holdings among Home Depot’s top executives.

McDonald’s has also seen notable stock transactions with its executives making strategic sales. EVP – Chief Impact Officer Banner Jonathan sold 1,000 shares, bringing in $310,000. Meanwhile, EVP – Global CMO Edith Morgan Flatley made a more substantial sale of 4,716 shares, which was valued at $1,485,540. These sales reflect a strategic approach by McDonald’s executives in managing their stock portfolios, possibly indicating confidence in the company’s future performance.

Snap Inc. experienced a flurry of stock sales from its executives, with GC Michael J. O’Sullivan selling a hefty 68,705 shares for $492,614. CBO Ajit Mohan made an even larger transaction, selling 184,287 shares for $1,321,337. CFO Derek Andersen and CAO Rebecca Morrow also participated, selling 60,966 shares for $437,126 and 10,216 shares for $73,248, respectively. These significant sales suggest a strategic realignment within Snap’s executive team.

Delta Air Lines saw a more modest transaction with Director Michael P. Huerta selling 2,500 shares, valued at $151,750. While not as large as other companies’ transactions, this sale still represents a noteworthy shift in stock ownership within Delta’s board of directors. It may indicate a personal financial strategy or a response to broader market conditions.

Procter & Gamble’s executives have been particularly active in the stock market, with a series of substantial sales. COB, Pres & CEO Jon Moeller led with a sale of 40,119 shares worth $6,309,515. Chief Brand Officer Marc Pritchard sold 9,849 shares for $1,548,952, while Director Shailesh Jejurikar sold 13,039 shares for $2,050,643. Other notable sales include CHRO Balaji Purushothaman‘s 606 shares for $95,305 and CLO & Secy Susan Street Whaley‘s 6,167 shares for $969,884. This flurry of activity among Procter & Gamble’s leadership reflects a significant shift in their stock positions, possibly indicating strategic financial planning or market positioning.

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