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3 Equifax executives sold stock before hack was revealed

SeattlePI.com Friday, 8 September 2017
SAN FRANCISCO (AP) — The Latest on the massive breach at credit monitoring company Equifax (all times local): ___ 5:05 p.m. Three Equifax executives sold a combined $1.8 million in stock to insulate themselves from news that the credit monitoring company had been hacked. The cyberattack between mid-May and July was disclosed by Equifax on Thursday. The attack exposed the Social Security numbers and other sensitive information of about 143 million Americans. The stock sales were executed on Aug. 1 and Aug. 2 by Chief Financial Officer John Gamble and two other executives, Rodolfo Ploder and Joseph Loughran. Bloomberg News first reported the divestitures. The sales insulated the executives from the downturn in Equifax's stock.
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News video: Equifax CFO Dropped Stocks Days After Hack Revealed

Equifax CFO Dropped Stocks Days After Hack Revealed 00:47

just days after it learned of a hack that might've exposed the personal details of almost half of the US population, three senior executives at Equifax sold almost $2 million worth of the company's shares. The executives included the company's chief financial officer. The sales were first reported by...

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Rhodafromfloda RT @coachkresge: Three Equifax Managers Sold Stock Before Cyber Hack Was Revealed - Bloomberg https://t.co/j2cBSIhsdh 20 hours ago


sammy The fact that 3 equifax executives sold over $3 million in stock 6 weeks prior to telling the public that over 145 million people have been 1 day ago


Yoni Binstock Three Equifax Managers Sold Stock Before Cyber Hack Revealed https://t.co/j29f6olqon 2 days ago


Nikita RT @Fidelity364: Equifax executives sold $2 Million in stock before they announced the breach. Time for FBI & SEC to investigate. @realDon… 4 days ago


Lois Layne @Reuters What about the @Equifax executives who sold stock prior to announcement of data breach? #EquifaxDataBreach #equifaxbreach 4 days ago


Daniel Monastersky RT @goretsky: Three Equifax Managers Sold Stock Before Cyber Hack Revealed https://t.co/OGOYJel4hg via @business 4 days ago

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