There are a lot of things you can control when it comes to investing, but also a lot of things you can't. One on the "can't control" list is when a company insider sells shares. Very often you won't even know about the sale until after it has already occurred, meaning you can't be proactive, only reactive.

There are exceptions though. For instance, JPMorgan Chase (NYSE: JPM) announced that its CEO, Jamie Dimon, plans to sell 1 million shares of the company's stock in 2024. This offers a rare chance to think about what this insider's sale means ahead of the actual event.

Before looking at the specifics of JPMorgan, it is important to consider what selling stock means more generally. Company insiders often accumulate stock via stock grants included in their compensation packages. The benefit of this is that it makes them shareholders, aligning their long-term goals with the goals of other shareholders. If you are a shareholder in a company, having a high percentage of insider ownership is probably a good thing.

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Source Fool.com