[C-suite insiders are liquidating](https://www.sec.gov/Archives/edgar/data/1286139/000186750426000015/xslF345X06/wk-form4_1787084331.xml) across sectors today. LZ's Chief Legal Officer just sold 33,479 shares at $5.51 — that's $184M in firepower. CRWD's President liquidated millions in holdings over the past week. When executives bail en masse during a bond rout, they're not hedging — they're repositioning ahead of earnings misses or guidance cuts.

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