Director Chase Carey sold 100,000 shares at blended $90.28, retains 574,331 via options; 5 consecutive prior FWONK sales all well-timed 90-day.
Chase Carey executed 2 separate sales totaling 100,000 shares for $9,028,150.85 at a blended average price of $90.28. His non-derivative holdings decline from 194,356 to 94,356 shares post-transaction, but he retains 574,331 shares through outstanding stock options, maintaining material exposure to FWONK. This is his 5th consecutive transaction at this ticker within recent months, and notably, all 5 prior sales at FWONK proved well-timed at the 90-day mark, with declines ranging from -5.5% to -16.4%. His cross-ticker track record shows a 90% well-timed sell rate with average 90-day returns of -10.5%, indicating a measurable pattern of selling ahead of downturns. At the time of this filing, FWONK trades -16.7% from its 52-week high of $109.36, suggesting the company's stock has retreated considerably since his prior sales windows.