Corporate insiders are selling at the fastest pace since 2021. The sell-to-buy ratio has surged to 4:1, with nearly 1,000 executives cashing out in a single month.
The last time this ratio reached similar levels—late 2021—it came right before a broad market downturn.
What stands out isn’t just the volume of selling, but the absence of buying. Insiders typically step in when they see value. Right now, that confidence appears to be missing. Instead, many are choosing liquidity over equity, selling while demand still exists.
Insiders have access to operational realities—margins, orders, and forward visibility—that the public doesn’t. Their collective move toward cash is a signal the market shouldn’t ignore.
Markets don’t turn on headlines alone, but history shows insider behavior often speaks early.
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