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RustyBeastie
2024-10-30

We are going down again

Tesla Insiders Plan to Sell $300 Million of Stock

Three Tesla insiders have adopted trading plans that are set to sell $300 million of stock, based on a recent market price.Tesla Chair Robyn Denholm and directors Kathleen Wilson-Thompson and Kimbal M

Tesla Insiders Plan to Sell $300 Million of Stock

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The plans automatically execute transactions when preset conditions such as price, volume, and timing are met. Tesla disclosed the adoption of the plans in a form it filed with the Securities and Exchange Commission.</p><p>Denholm adopted a plan on July 25 to sell up to 674,345 shares, and it expires June 18, 2025. Wilson-Thompson adopted her plan Aug. 12 to sell up to 300,000 shares, and it expires Feb. 28, 2025. Kimbal Musk adopted a plan July 31 to sell up to 152,088 shares, and it expires May 30, 2025.</p><p>Based on Monday’s close at $262.51, the three insiders could sell up to $296 million of stock.</p><p>Tesla didn’t immediately respond to a request to make the three available for comment.</p><p>None of the plans have executed sales yet.</p><p>Denholm last sold Tesla stock on July 25 when she acquired 136,364 shares through options set to expire August 2024, and sold 66,364 shares for $14.6 million, an average price of $219.96 each. Those sales were executed by a plan, but not her current plan, which will sell shares acquired from options expiring in June 2025. Denholm, an operating partner of venture-capital firm Blackbird Ventures of Surry Hills, NSW, Australia, has been a Tesla director since 2014, and chair since 2018.</p><p>Wilson-Thompson last sold Tesla stock in September 2022 when her plan acquired 26,250 shares from options, and sold an equal number of shares for $7.3 million, an average price of $278.93 each. A Tesla director since 2018, Wilson-Thompson retired in 2021 as executive vice president and global chief human resources officer of Walgreens Boots Alliance.</p><p>Kimbal Musk last sold Tesla stock in April 2023 when his plan acquired 100,000 shares through options, and sold an equal number of shares for $19.6 million, an average price of $278.93 each. A Tesla director since 2004, Kimbal Musk is co-founder and executive chairman of The Kitchen Restaurant Group, a family of restaurant concepts.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Insiders Plan to Sell $300 Million of Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Insiders Plan to Sell $300 Million of Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-29 10:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Three Tesla insiders have adopted trading plans that are set to sell $300 million of stock, based on a recent market price.</p><p>Tesla Chair Robyn Denholm and directors Kathleen Wilson-Thompson and Kimbal Musk, Elon’s brother, adopted so-called Rule 10b5-1 plans to sell a total of 1.13 million shares of the electric-vehicle maker.</p><p>Such plans are used by company insiders to remove the appearance of bias from knowledge of nonpublic information. The plans automatically execute transactions when preset conditions such as price, volume, and timing are met. Tesla disclosed the adoption of the plans in a form it filed with the Securities and Exchange Commission.</p><p>Denholm adopted a plan on July 25 to sell up to 674,345 shares, and it expires June 18, 2025. Wilson-Thompson adopted her plan Aug. 12 to sell up to 300,000 shares, and it expires Feb. 28, 2025. Kimbal Musk adopted a plan July 31 to sell up to 152,088 shares, and it expires May 30, 2025.</p><p>Based on Monday’s close at $262.51, the three insiders could sell up to $296 million of stock.</p><p>Tesla didn’t immediately respond to a request to make the three available for comment.</p><p>None of the plans have executed sales yet.</p><p>Denholm last sold Tesla stock on July 25 when she acquired 136,364 shares through options set to expire August 2024, and sold 66,364 shares for $14.6 million, an average price of $219.96 each. Those sales were executed by a plan, but not her current plan, which will sell shares acquired from options expiring in June 2025. Denholm, an operating partner of venture-capital firm Blackbird Ventures of Surry Hills, NSW, Australia, has been a Tesla director since 2014, and chair since 2018.</p><p>Wilson-Thompson last sold Tesla stock in September 2022 when her plan acquired 26,250 shares from options, and sold an equal number of shares for $7.3 million, an average price of $278.93 each. A Tesla director since 2018, Wilson-Thompson retired in 2021 as executive vice president and global chief human resources officer of Walgreens Boots Alliance.</p><p>Kimbal Musk last sold Tesla stock in April 2023 when his plan acquired 100,000 shares through options, and sold an equal number of shares for $19.6 million, an average price of $278.93 each. A Tesla director since 2004, Kimbal Musk is co-founder and executive chairman of The Kitchen Restaurant Group, a family of restaurant concepts.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0823411888.USD":"法巴消费创新基金 Cap","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","TSLL":"2倍做多TSLA ETF-Direxion","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4555":"新能源车","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","TSLA":"特斯拉","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4588":"碎股","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4128":"药品零售","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4574":"无人驾驶","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4551":"寇图资本持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4581":"高盛持仓"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2478207438","content_text":"Three Tesla insiders have adopted trading plans that are set to sell $300 million of stock, based on a recent market price.Tesla Chair Robyn Denholm and directors Kathleen Wilson-Thompson and Kimbal Musk, Elon’s brother, adopted so-called Rule 10b5-1 plans to sell a total of 1.13 million shares of the electric-vehicle maker.Such plans are used by company insiders to remove the appearance of bias from knowledge of nonpublic information. The plans automatically execute transactions when preset conditions such as price, volume, and timing are met. Tesla disclosed the adoption of the plans in a form it filed with the Securities and Exchange Commission.Denholm adopted a plan on July 25 to sell up to 674,345 shares, and it expires June 18, 2025. Wilson-Thompson adopted her plan Aug. 12 to sell up to 300,000 shares, and it expires Feb. 28, 2025. Kimbal Musk adopted a plan July 31 to sell up to 152,088 shares, and it expires May 30, 2025.Based on Monday’s close at $262.51, the three insiders could sell up to $296 million of stock.Tesla didn’t immediately respond to a request to make the three available for comment.None of the plans have executed sales yet.Denholm last sold Tesla stock on July 25 when she acquired 136,364 shares through options set to expire August 2024, and sold 66,364 shares for $14.6 million, an average price of $219.96 each. Those sales were executed by a plan, but not her current plan, which will sell shares acquired from options expiring in June 2025. Denholm, an operating partner of venture-capital firm Blackbird Ventures of Surry Hills, NSW, Australia, has been a Tesla director since 2014, and chair since 2018.Wilson-Thompson last sold Tesla stock in September 2022 when her plan acquired 26,250 shares from options, and sold an equal number of shares for $7.3 million, an average price of $278.93 each. A Tesla director since 2018, Wilson-Thompson retired in 2021 as executive vice president and global chief human resources officer of Walgreens Boots Alliance.Kimbal Musk last sold Tesla stock in April 2023 when his plan acquired 100,000 shares through options, and sold an equal number of shares for $19.6 million, an average price of $278.93 each. 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