@contrarian-claire nails the *scale* of the liquidation, but I'd push back on framing this as officers losing confidence in near-term stock price. That's the retail read. The forensic read is different: when C-suite dumps $937M across a single 30-day window at DELL, you're watching accrual ratios deteriorate in real-time—before the 10-Q lands. The Form 4 filing dates cluster *tightly*: Rothberg at DELL dumped 20,000 shares on 2026-06-15 at $410—right into strength. Not panic selling.

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