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·
      1 year 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·
      1 year 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.