Top executives at Swiss industrial giant ABB and dermatology firm Galderma sold substantial blocks of their own company shares in late July, according to a report by Blick.
The transactions, valued at several million Swiss francs, highlight a wave of insider selling among senior management at major European corporations.
8 million. The sale was part of a broader pattern of insider activity at the company, with multiple top managers reducing their holdings during the same period.
At Galderma, an executive board member disposed of shares worth CHF 7.8 million.
The sale was part of a broader pattern of insider activity at the company, with multiple top managers reducing their holdings during the same period.
While such sales are often part of pre-arranged trading plans or personal portfolio diversification, they draw scrutiny when they occur in large volumes.
The moves at ABB and Galderma align with a wider trend of corporate insider selling.