SEC Insider Trading at M-Score Flagged Companies
Analysis of 373 insider transactions at 36 companies flagged by the Beneish M-Score model. 134 insider sales identified from SEC EDGAR Form 4 filings. The Beneish M-Score is a statistical screening tool; a score above -1.78 suggests higher probability of earnings manipulation but is not definitive proof.
This report examines the overlap between corporate financial distress signals and insider trading activity. Insider selling is legal and common. The patterns identified here are statistical observations, not accusations of fraud.