Cleveland-Cliffs CEO’s $37 Million Stock Sale Was Done Through Trust

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Why This Matters

Cleveland-Cliffs CEO Lourenco Goncalves sold $37.3 million worth of shares through a trust, potentially sparking investor concerns about insider selling.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A $37.3 million sale of Cleveland-Cliffs Inc. shares by Chief Executive Officer Lourenco Goncalves was done through a trust set up for family estate planning, according to a company spokesperson.

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Original article published by Bloomberg on February 13, 2026.
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