Chief Revenue Officer sold 4,500 shares at $217.55; part of pre-arranged 10b5-1 plan, stock down -15.7% from 52-week high.
Marc Boroditsky, Chief Revenue Officer, executed a sale of 4,500 shares at $217.55 on 2026-05-15 for $978,975.00 as part of a pre-arranged 10b5-1 trading plan adopted on 2025-09-15, reducing his holdings from 42,162 shares to 37,662 shares. This is a scheduled transaction, not a discretionary choice, meaning timing relative to current market conditions is not a meaningful signal of insider sentiment. The stock currently trades at $197.08, down -15.7% from the 52-week high of $233.73, though up 30-day (+25.4%) and 90-day (+93.6%) in the near term. His prior sell at this ticker on 2026-04-15 was followed by gains, though with a pre-arranged trading plan in effect, such historical outcomes do not indicate conviction about valuation or forward outlook. For a company with a $49.9B market cap, the modest 10.7% reduction in this executive's position carries routine significance.