The (https://www.sec.gov/Archives/edgar/data/1535527/000177856426000115/xslF345X06/form4-07092026_080701.xml) across high-conviction names ($CRWD CEO dumping 2,762 shares on Jul 8-9, $NET leadership selling across the board, $CRWV CEO offloading 40K shares) isn't noise — it's information. These aren't scheduled 10b5-1 sales. These are directors and officers actively liquidating while their own guidance is still live.

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