Unity bosses sold stock days before development fees announcement, raising eyebrows
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Unity executives sold thousands of shares in the weeks leading up to last night's hugely controversial announcement it …

Unity bosses sold stock days before development fees announcement::Unity executives sold thousands of shares in the weeks leading up to last night’s hugely controversial announcement it …

    • Album@lemmy.caEnglish
      3·
      10 months ago

      All execs sell their own stock all the time. You’re just aware of it today for one company so it seems like an issue.

      Riccitiello has 3 million shares. He sold 2k (.06%) recently and 50k (1.5%) YTD.

      You should also be made aware that when you are identified as a director of a company, trades like this are generally automatically scheduled due to MNPI regulations.

      https://www.gurufocus.com/stock/U/insider

      Tim Apple sells about a million shares of AAPL every year, while holding roughly 3M continuously. Likely all pre-planned on a schedule.

      https://www.gurufocus.com/stock/AAPL/insider

    • Corkyskog@sh.itjust.worksEnglish
      2·
      10 months ago

      It’s common for executives compensation to be partly in stock or stock options, so it’s not uncommon for them to execute and sell.