Did Equifax execs sell stock before data breach news broke because they knew? U.S. Senators want to know

It wouldn’t be surprising at all if there are multiple mechanisms that differ in various subtle ways; but per NPR

“Bloomberg, which first located the filings, reports that “none of the filings lists the transactions as being part of 10b5-1 scheduled trading plans.””

I’m not an SEC whisperer, so I can’t be entirely sure whether or not we are talking about the same thing; but Bloomberg’s report was “these are specifically not trades made under the innnocent explanation”; and Equifax’ assertions have been “Oh, our CFO, US Information Solutions President, and Workforce Solutions President just didn’t know about the breach when they sold that stock”; which is the sort of…questionable…excuse that seems like something you wouldn’t resort to if you had a nice, solid, “Yes, the timing looks bad; but the paperwork planning out these trades was filed 18 months ago and is all on the up-and-up” explanation to point to.

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