Here are the companies and industries whose insiders are dumping tons of stock

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Corporate insiders are making billions of dollars selling the stock of the companies where they work.

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No, this isn't the type of insider trading that would land anyone in prison. Executives and other employees can sell shares of their companies in a few different ways for various reasons.

Sometimes insiders will have structured plans, known as a 10b5-1, that automatically sell off some of the shares that are part of their compensation.

Insiders can also sell off stocks as long as they are not using information the public does not have as well. For example, they could think the market is at its peak or simply want to transfer their assets from stocks to cash so they can buy a yacht or something.

In order to ensure that all of these sales are aboveboard, insider sellers must register the transactions with the Securities and Exchange Commission (SEC) via a Form 4. Sqoop, a service that analyses public records including SEC forms, complied lists of the 40 companies and industries that sold off the most since the start of 2015.

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17 companies sold off more than a $1 billion in stocks through May of this year and the 40 largest sellers Sqoop complied made a little over $50.7 billion.

The largest insider sellers were from Brixmor, a commercial real estate company, who sold more than $6.6 billion in stock since the start of the year. Directly behind were foodservice supplier Aramark and human resource software provider Paycom Software, with $4.8 and $3.7 billion respectively.

"It is worth noting that in the case of Brixmor, the most significant Forms 4 are sales that represent payments to other investment entities, not individuals, which very likely could be the routine manner by which they return proceeds to their investors," Sqoop's Bill Hankes explained.

Real estate also topped the list of industry total sales, with insiders at real estate investment trusts or REITs, selling $8.8 billion in stocks. Restaurant insiders sold $6.3 billion in stocks, while all other retail combined sold just under $7 billion.

The top industries and companies as pulled by Sqoop are below.

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Industries whose Insiders Sold the Most Stock, January-May 2015

RankIndustry [SIC]Amount US$
1REAL ESTATE INVESTMENT TRUSTS [6798]8,782,738,686
2SERVICES-PREPACKAGED SOFTWARE [7372]7,702,485,324
3RETAIL-EATING PLACES [5812]6,260,383,968
4SERVICES-BUSINESS SERVICES, NEC [7389]4,491,939,140
5SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]3,099,260,968
6SEMICONDUCTORS & RELATED DEVICES [3674]3,091,875,203
7WATER TRANSPORTATION [4400]3,028,441,997
8RETAIL-DEPARTMENT STORES [5311]2,334,291,713
9PHARMACEUTICAL PREPARATIONS [2834]2,296,445,955
10SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731]1,762,798,332

Companies whose Insiders Sold the Most Stock, January-May 2015

RankCompanyAmount US$
1Brixmor Property Group Inc.6,676,365,550
2Aramark4,786,180,233
3Paycom Software, Inc.3,837,106,198
4Burlington Stores, Inc.2,221,916,262
5Nielsen N.V.1,992,528,666
6Freescale Semiconductor, Ltd.1,741,771,218
7Pinnacle Foods Inc.1,588,666,025
8Sabre Corp1,550,281,022
9Michaels Companies, Inc.1,437,415,665
10WEST CORP1,409,754,733
11IMS Health Holdings, Inc.1,407,193,758
12SERVICEMASTER GLOBAL HOLDINGS INC1,298,130,404
13Norwegian Cruise Line Holdings Ltd.1,274,987,500
14Endurance International Group Holdings, Inc.1,235,101,088
15Quintiles Transnational Holdings Inc.1,229,081,415
16EnLink Midstream Partners, LP1,222,973,272
17Axalta Coating Systems Ltd.1,161,465,534
18CDW Corp983,353,586
19Hilton Worldwide Holdings Inc.982,702,704
20Google Inc.924,112,678

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