May. 13 at 1:00 AM
$JTAI I should have said "Executive Insider"
This fellow who in recent times has bought big and got crushed, has no executive position or BOD seat. He is an outsider looking in.
But, yes, In financial, legal, and regulatory contexts, a person who buys 10% (or more) is routinely referred to as a 10% shareholder, major shareholder, and insider.