Three senior executives at Equifax, including the company’s chief financial officer, sold almost $2 million worth of the company’s shares just days after it learned of a hack that might’ve exposed the personal details of almost half of the US population. The sales were first reported by Bloomberg News’s Anders Melin who said none of the sales appear to be part of pre-scheduled trading plans that allow executives to sell stock at regular intervals. All of the executives still owned thousands of shares of the company after the sales were completed, filings show. Representatives for Equifax didn’t immediately reply to a voicemail and email seeking comment on the sales. On Thursday, Equifax said it discovered on July 29, that “criminals exploited a U.S. website application vulnerability,” to access the personal details, including names and social security numbers of 143 million people. Credit card numbers for about 209,000 people, and certain documents for another 182,000 were also accessed.
The share sales, by CFO John Gamble, president of U.S. information solutions Joseph Loughran, and president of workforce solutions Rodolfo Ploder, took place on August 1 and August 2, SEC filings show. Equifax shares fell more than 6% in after-hours trading Thursday following the disclosure of the hack.
Het bericht Equifax executives sold stock days after the company learned of a massive hack verscheen eerst op Business Insider.