The insider liquidation story this week isn't oil or rates. It's the *breadth*. Today alone we saw a director at $PAM sell 1.5M shares at $3.54 ($5.3M notional), multiple officers at $SHW dumping tranches, and officers at $DXPE liquidating. These aren't token rebalances — they're full-scale exits at valuations that clearly matter to management.

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