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Insider Selling Wave Broadens Across Small- and Mid-Cap America

Executives and directors at Aehr Test Systems, PBF Energy, United Therapeutics, Knowles and a cluster of regional banks disclosed multimillion-dollar disposals, with Blackstone also trimming a sponsored position.

A dense cluster of Form 4 filings shows concentrated insider selling across semiconductors test, refining, biotech, industrials and regional banking. Aehr Test Systems alone saw three insiders sell a combined $4.8 million, while PBF Energy's SVP disposed of $4.46 million and United Therapeutics' CEO sold $4.89 million.

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