Of course they did

First Republic Bank’s stock plummeted more than 50 percent this week, as panic ensued over the widely-reported failures of other regional banks, including Signature Bank and Silicon Valley Bank.

[...]

Executives at First Republic Bank sold company’s stock worth millions of dollars in the months before this week’s crash, according to The Wall Street Journal.

The banking executives sold $11.8 million worth of stock in the company over the last two months.

[...]

First Republic’s insider sales appear to have gone largely unnoticed, as it is now the only S&P 500 company that reports such sales to the Federal Deposit Insurance Corporation (FDIC) instead of the Securities and Exchange Commission (SEC).

Signature Bank, which collapsed on Sunday, was also exempted from filing with the SEC.

  The Hill

...but hey, do what you want...you will anyway.