Anthony OSullivan, Chief Development Officer at TMC Metals (NASDAQ:TMC), reported a large insider sell on November 29, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that OSullivan sold 50,000 shares of TMC Metals. The total transaction amounted to $69,000.
TMC Metals shares are trading down 0.82% at $1.21 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however ...