EdisonFuture Inc, 10% Owner at Phoenix Motor (NASDAQ:PEV), reported a large insider sell on September 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Inc sold 12,000,000 shares of Phoenix Motor. The total transaction amounted to $12,240,000.
Phoenix Motor shares are trading down 0.0% at $0.93 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
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