Did Conrad know he was breaking the law (&quot;macro&quot;, perjurying one&#x27;s self to insurance regulators, etc) when he sold his stock to someone? Did he disclose this material information?<p>All signs point to yes for the first question, and no to the second. As a Zenefits employee, it probably doesn&#x27;t matter much to you. It does matter to whomever bought his stock.