Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Marco Quiroz-Gutierrez

Tech and banking CEOs cash in more than $800 million worth of shares—missing the worst of the market collapse

(Credit: David Paul Morris—Bloomberg via Getty Images)
  • CEOs such as JPMorgan Chase’s Jamie Dimon and Meta’s Mark Zuckerberg sold a cumulative $834 million in shares via prearranged 10b5-1 trading plans. The sales, although scheduled in advance, hit before the market rout this week on broad investor fears fueled by a weekend interview in which President Trump did not rule out the possibility of a recession in 2025.

CEOs in banking and tech are cashing out their stock while the market is tumbling on fears of a possible recession and tariffs.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.