“Insider selling on the part of top executives and directors at some public companies spikes in the weeks after they receive negative audit reports and before that information becomes public, per the study.”

[COMMENTARY] Studies show that most people are susceptible to unethical behavior for personal profit if they think they can easily get away with it. Company executives and directors are no different — even if their companies have ‘ethical codes!’ If these individuals perform so unethically, what else might they be doing in the course of company business?
Insider trading from top corporate executives spikes after audits, per U. of Minnesota study, by Todd Nelson, September 18, 2023, Star Tribune, USA.