and the president and co-founder, steven cohen, he cashed out 130 million last year.any of these executive plans were actually reduced last year. so they lowered the number of shares they planned to sell. but there's been quite a bit of insider selling here. and i think just the idea that that karp is adding to. >> his. >> existing plan with this additional sort of 2 million shares is one of the reasons we're seeing this stock under pressure, kelly. >> sure. what does the company say about why all these sales are taking place? is it on schedule or do they have any explanation? >> they're not commenting. but it's also worth noting that when karp. sold those shares last year, around $2 billion, he sold at an average price of around $48 this year. so if as an investor, you took that as a signal to get out, you would have missed most of the run over the past year. so i think this is not necessarily a signal to sell. if we take last year as an example. >> good point. and the shares around 103 today even after the sell off. robert. thanks. appreciate it robert frank. speaki

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