W3Schools

Equifax executives sold stock after data breach, before informing public

Equifax Inc.
From left: Equifax executives John Gamble, Rodolfo Ploder and Joseph Loughran.

After Equifax Inc. discovered a massive data breach that may have endangered the personal information of up to two-thirds of Americans, but before the company divulged the information, three executives sold their Equifax stock, according to Securities and Exchange Commission filings.

Equifax EFX, +0.94% discovered the data breach July 29. On Aug. 1 and Aug 2., ahead of Thursday’s breach announcement, several Equifax executives sold almost $2 million worth of stock combined, according to SEC documents from August.

Read:Equifax breach risks 143 million Americans’ data, stock plunges 13%

>>> Original Source <<<