Donahue Richard I.

Donahue Richard I., Chief Marketing Officer, has demonstrated a clear selling bias in his recent transactions involving iShares iBonds Sep 2025 Term Treasury ETF (IBTA). Since January 2025, he has executed seven sales totaling approximately $1.17 million, with no offsetting purchases during this period. The most significant disposals occurred in late January, including a $352,035 sale on January 27 and a $244,253 transaction on January 30, followed by smaller but consistent sales through September 2025. These disposals were primarily coded as open market sales (Transaction Code S), though some smaller transactions involved derivative securities (Code M) with values ranging from nominal amounts to $27,000. The pattern shows concentrated activity in IBTA, with no trades reported in other securities. While Donahue's historical filings include $187,368 in total buy value across 31 transactions, his recent activity has been exclusively divestment. The sales volume peaked in January 2025 before tapering to smaller transactions later in the year, such as the $64,818 sale on September 1. The absence of any recent acquisitions suggests a strategic reduction in his position in IBTA, though the filings provide no context for the timing or pricing of these transactions beyond the disclosed dollar values.