$Navitas Semiconductor Corp(NVTS)$ panic selling as official confirmation of CEO Gene Sheridan liquidating all his shareholdings with the company was announced today.

This shouldn't come as a surprise though. In April, the company made an announcement of a leadership restructuring, which included the resignation of Sheridan as Chair of the board. The goal of the restructuring?

1) to enhancing corporate governance and aligning its strategies with stockholder interests, and

2) to capitalize on market opportunities and drive growth in the power semiconductor industry.

Guess which recent major announcement seems aligned to the restructuring goals? That's right! It's the collaboration with $NVIDIA(NVDA)$  What we're observing might have less to do with the lack of confidence by insiders and more to do with political shifts within the company's leadership. The potential and growth of the company is still promising, and my bets are long for NVTS