A journalist probably asked someone for a quote, people talks, everyone go scared and this guy sold off. Classic insider trading.

Prearranged trading plans are used by executives to buy or sell shares of their firm on specific dates or target prices. It’s a mechanism to wall off company employees from insider trading accusations as long as they stick to the automatic plan. The SEC first instituted the practice in 2000 and modified it in 2022 to include a 90-day waiting period for starting trades. In some cases, the plans were abused by executives in instances like executing share sales just before an earnings report.

Yeah but corporate crime is legal now so I doubt much is coming from this.