According to a report by Blocworks, the latest analysis of insider stock sales of around 60 companies in the S&P 500 index for 2024 shows that approximately 500 insiders, executives, investors, and other major shareholders have reported selling a total of $36.9 billion worth of company stock.
Among them, four crypto executives' sales amounts were among the top 25.
Coinbase CEO Brian Armstrong ranked 8th with $636 million, and MicroStrategy CEO Michael Saylor ranked 13th with $410.8 million.
Coinbase co-founder Fred Ehrsam ranked 22nd with $203.8 million, which includes the sale of COIN shares from his trust and the sale by the Paradigm fund. Closely following Ehrsam was Coinbase Chief Operating Officer Emilie Choi, with sales of $186.4 million. These amounts placed Coinbase 7th on the list of last year's insider sales (at least among the companies analyzed).
