I'm not sure why this is newsworthy. Of course they did, they'd be foolish not to. They wanted to lock in some gains, especially since they were aware, just like the rest of the market, that their stock was overinflated because of the pandemic.
Also, you may want to read Matt Levine's newsletter. It has plenty of very weird examples that sound just like this.
https://www.sec.gov/reportspubs/investor-publications/invest...
Also, thank you for mansplaining insider trading to me as if I didn't know what it was.
> Virtually all of the sales were part of 10b5-1 plans, or prescheduled selling programs. It’s unclear how many of the sales were also linked to options exercises or options-related tax sales.