May 16, 2024
Finance

Trial begins for financial executive in insider trading case tied to taking Trump media firm public

NEW YORK (AP) — An insider trading trial began Tuesday for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm would be taking former President Donald Trump’s media company public. In an opening statement, Assistant U.S. Attorney Elizabeth Hanft accused Bruce Garelick

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Finance

NuScale Power Corp CEO John Hopkins Sells 59,768 Shares

NuScale Power Corp (NYSE:SMR) has reported an insider sale according to the latest SEC filings. CEO John Hopkins sold 59,768 shares of the company on March 22, 2024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this SEC Filing.NuScale Power Corp is a company that

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Mortgage

PennyMac Mortgage Investment Trust (NYSE:PMT) Director Doug Jones Sells 7,810 Shares

PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report) Director Doug Jones sold 7,810 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $14.34, for a total value of $111,995.40. Following the completion of the sale, the director now owns 53,311 shares of

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Property

Brixmor Property Group Inc. (NYSE:BRX) Insider Brian T. Finnegan Sells 7,500 Shares of Stock

Brixmor Property Group Inc. (NYSE:BRX – Get Free Report) insider Brian T. Finnegan sold 7,500 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $23.00, for a total transaction of $172,500.00. Following the completion of the transaction, the insider now owns 225,051 shares

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Finance

Finance Docket: Is Everything Insider Trading?

Ed. note: This article first appeared in the Finance Docket newsletter. Enter your email below to view the full newsletter and subscribe.  What is insider trading? A decade ago, some on the legal right and some caught doing it offered a provocative answer: Nothing. It didn’t exist. After all, there wasn’t a law against it —

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