Is Owning 500 Sworth of Stock in a Company a Conflict?

The Wall Street Journal published a story this week about executives who sold stock ahead of bad news. Felix: I don't think the people are immune to financial incents, responding to financial incentives. Can i push back on the victimless thing, building on what emily said? The idea that having intense human relationships with executives of a company is not a conflict,. whereas like owning 500 sworth of stock in the company is a conflict. It's like, exa max. Explain to me, who are the people losing 20 bucks here, y bucks that?