During his time at Marathon Oil, Clarence P. Cazalot, Jr.'s insider trading activity revealed significant holdings in the company, particularly between 2019 and 2024. In September 2019, Cazalot sold shares for about $12.71 million, and sales fluctuated monthly, reaching peaks...
During his time at Marathon Oil, Clarence P. Cazalot, Jr.'s insider trading activity revealed significant holdings in the company, particularly between 2019 and 2024. In September 2019, Cazalot sold shares for about $12.71 million, and sales fluctuated monthly, reaching peaks above $30 million in 2022. These transactions suggest active management of his stock holdings in response to market conditions. In the years that followed, he continued to sell shares, with notable amounts around $24 million to $28 million monthly in the latter half of 2024. This ongoing activity indicates a carefully calculated approach to his wealth management, aligning with performance trends of Marathon Oil: he had substantial wealth connected to his stake in the company during his active years and continued to manage it afterward.