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Arm Holdings stock fell as much as 5.1% on Tuesday, after a regulatory filing revealed CFO Jason Child sold 10,400 shares worth over $2.65 million.
The sale, executed at $255.33 per share, was part of a previously disclosed Rule 10b5-1 trading plan adopted earlier this year. Despite the sale, Child still owns 163,832 shares, valued at over $39.6 million.
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