AMC CEO sold another $7.1 million shares this week

Adam Aron, AMC`s CEO sold 312,500 shares on Tuesday, according to a filing with the U.S. SEC.

His total proceeds since November is $42 million.

Aron has still 2,302,760 shares worth more than $52 million based on AMC’s latest closing price, or maybe even less if AMC will fill the Gap to $16, which is possible.

After retail investors saved the company from bankruptcy, the CEO dumped a lot of shares lately as an act of gratitude.

Thanks, Adam!