AMC continued to fall over 6% in premarket trading as its CEO and CFO sold a total of more than $10 million worth of stock

AMC continued to fall over 6% in premarket trading as its CEO and CFO sold a total of more than $10 million worth of stock.The company disclosed late Thursday that sold a total of $10.2 million worth of the movie theater operator's stock earlier last week. 

 In Form 4 filings with the Securities and Exchange Commission, the company said Chief Executive Adam Aron sold 312,500 shares in the open market at volume weighted average price of $30.867 on last Tuesday, to raise $9.65 million, as part of a Rule 10b5-1 trading plan adopted more than 30 days before the trades. Chief Financial Officer Sean Goodman sold 18,316 shares at $30.862 on Jan. 7 to raise $565,268, also part of a prearranged trading plan.