Every company that I have worked for that allows for employee stock ownership were legally required to only allow buying and selling stock at specific times each year. This was to avoid the appearance of insider trading. Glad to see this doesn't apply to the people at the top.
The CEO did too, I only found out cause I went to look him up to remember what garbage he pulled when he was the CEO of EA. Same guy who earned EA the Golden Poo award two years in a row
Doesn't look great, but looking at his history he sold off twice that much in July, and more than twice that in June.
That doesn't mean he hasn't been selling his interest because he knew this was coming, but it means he didn't just suddenly dump a bunch of stock last week out of nowhere, either.
There are lots of ways senior execs do regular stock sales, or sales set up long in advance to avoid insider trading. That may well be co-incidence, and you'd want to look at what they sold in what patterns over the years before.
Matt Jordan
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in reply to Liam @ GamingOnLinux 🐧🎮 • • •Thad
in reply to Liam @ GamingOnLinux 🐧🎮 • • •Doesn't look great, but looking at his history he sold off twice that much in July, and more than twice that in June.
That doesn't mean he hasn't been selling his interest because he knew this was coming, but it means he didn't just suddenly dump a bunch of stock last week out of nowhere, either.
Liam @ GamingOnLinux 🐧🎮
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