Doesn't the board have to approve all such sales months ahead? Just seems strange that people are acting as if he sold all he had and ran for the hills when the bad news were released.
There would be so many counterweighting forces at play at any time that it would be EASY to rationalize why this one shouldn't affect the share sale's view in the court of public opinion. Given that none of the other sales did either.
Case in point, we are analyzing this timely disclosure a full quarter later. I count at least five 8-k's since then, let alone form 4's
"Intel says the sale was preplanned - but that plan was put in place months after it learned of the chip vulnerability"
http://www.nasdaq.com/quotes/insiders/krzanich-brian-m-87241...
I dunno how to read this, but it seems he sold off a chunk of his shares regularly, and that he traded almost a million down to 250K, but how did he have so many? Can someone who knows how to read that explain it to me?
Look at the link you posted. He goes from trading a few thousand shares here and there to trading almost a million in one go.