A controlling shareholder is traditionally considered an insider.

Name: A controlling shareholder is traditionally considered an insider.
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A controlling shareholder is a person or entity who owns enough shares in a corporation to exert significant influence or control over its decisions. As such, they are considered insiders who have access to non-public company information and may have a greater ability to affect the company's direction and performance.

A Controlling Shareholder Is Traditionally Considered an Insider