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$Bed Bath & Beyond Inc (BBBY.US)$ I still see alot of people...

$Bed Bath & Beyond Inc (BBBY.US)$
I still see alot of people asking why Ryan Cohen filed the Form 144.
just some history lesson at March, 2022 Ryan Choen only owns 9.8% of the share. when the share volume dropped his stake in BBBY increase to 11.8%. so under SEC law he needs to file a form 144 since he is a 10% stake holder. my guess yesteday he shows he has the ability to sell everything but he is not going to exercise it.
Also note that it will not make any sense for him to even sell all his stock now (he bought in at USD 15) with the profit he have today. because of the short-swing law, he only owns the stock for less than 6 months since March 2022. If Ryan Cohen sells his share then all profit from the stocks will channeled to the BBBY as profit by law and you will see Ryan Cohen name in the OpenInsider and SEC filings.
Ticker BBBY. search it up. you will see all the upper management bought the stock at 4 USD on July 2022.
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