Banking and technology leaders are undoing their actions while the market falls into concerns about a possible recession and the impact of commercial tariffs.
Among executives who sold US $ 834 million (R $ 5.8 billion) in shares are Jamie DimonCEO do JPMorgan Chase; Mark ZuckerbergCEO from Meta; And Nikesh araoraCEO of Palo Alto Networks, according to data from The Washington Service.
All stock sales were made through negotiation plans 10B5-1, a mechanism that allows executives to program their sales in advance, protecting them from accusations of using privileged information.
Profit before the fall
Jamie Dimon
Dimon led the group in number of shares sold, settling more than 866,361 shares valued at approximately US $ 233.7 million at the end of last month. The sale was part of a pre-established plan to dispose of 1 million of the 8.6 million shares that he and his family control in 2025. However, this transaction happened while Jpmorgan’s shares were falling in the general market. Since Dimon sold his shares on February 20, the price of paper fell about 14%. This was Dimon’s second major sale, which last year sold the bank’s shares for the first time in history, starting with a $ 150 million transaction in February 2024.
Mark Zuckerberg
Continues after advertising
Zuckerberg started 2025 maintaining the sales trend of the previous year. Among the CEOs of the banking and technology that recently sold shares, he was the one who raised money. The Meta CEO sold 431,858 shares for a total of US $ 307.2 million between February 3 and 21. Pre-arranged sales occurred after Zuckerberg settled more than $ 2.2 billion in stock last year, according to Fortune’s analysis. Although goal shares reached a $ 728 record in February, they did not escape the recent market turmoil. Since Zuckerberg sold its shares, the company’s value has dropped 16%.
Nikesh araora
Already Arora, CEO of Palo Alto Networks, a cyber security company, sold $ 143.8 million in stocks through a negotiation plan in February. He made a similar sale in March, pocketing another $ 1.6 million, totaling nearly $ 290 million in shares sold in just two months. Since the sale, the company’s shares have fallen 5.8%.
Continues after advertising
Also read:
Market sinks after Trump’s statements
The stock market collapsed on Monday after Trump refused to rule out the possibility of a recession this year. In an interview with Fox News over the weekend, the president avoided responding directly if the US will face a recession in 2025.
“I hate to make such predictions. We are going through a transitional period, because what we are doing is too big, ”said Trump.
Continues after advertising
President’s comments echo the statements of Treasury Secretary Scott Bessent, who said last week that the US economy can “suffer some bumps” as management prioritizes the private sector over public spending.
All three main rates of Wall Street closed in a heavy drop on Monday. , with technology actions expanding the losses of the previous week. Among the biggest losses of the day were the Reddit social network and the Robinhood investment platform, which plummeted almost 20% each. The S&P 500 fell 2.7%, while Dow Jones lost almost 900 points -.
c.2025 Fortune Media IP Limited
Distributed by The New York Times Licensing Group
