ARM CCO William Abbey sells 6,566 shares for $2.6M; stock up 102.6% in 30 days, 241.4% in 90 days; prior ARM sales poorly timed
William Abbey, Chief Commercial Officer, executed 2 separate sales totaling 6,566 shares for $2,644,251.56 at a blended average price of $402.72, reducing his holdings by 24.2%. ARM stock has surged dramatically—up 102.6% over the prior 30 days and 241.4% over the prior 90 days—placing the transaction near the upper end of the 52-week range ($427.99 high). However, his prior trades at ARM reveal a consistent timing pattern: all 5 previous sales were followed by continued stock appreciation at the 90-day mark (ranging from +23.1% to +66.2%), meaning none of these prior sells were well-timed (0 of 5 well-timed at 90d). This poor historical timing at the same ticker—combined with selling into an exceptionally strong recent rally—raises questions about whether this transaction represents conviction-neutral activity or misalignment with subsequent price performance.