Thread regarding Fossil Inc. layoffs

Darren Hart sells 80% of Fossil shares

https://simplywall.st/stocks/us/consumer-durables/nasdaq-fosl/fossil-group/news/trade-alert-the-executive-vice-president-of-human-resources

We wouldn't blame Fossil Group, Inc. (NASDAQ:FOSL) shareholders if they were a little worried about the fact that Darren Hart, the Executive Vice President of Human Resources recently netted about US$801k selling shares at an average price of US$9.71. Probably the most concerning element of the whole transaction is that the disposal amounted to 80% of their entire holding.

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| 1871 views | | 2 replies (last November 27, 2020) | Reply
Post ID: @OP+186PdMQZ

2 replies (most recent on top)

From the report, it looks like Kosta sold only 1% of what he owns. For a guy that doesn’t take a salary, that seems reasonable.

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Post ID: @2ibq+186PdMQZ

Kosta also sold off quite a bit of shares- https://sec.report/Document/0001127602-20-029714/

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Post ID: @1ghv+186PdMQZ

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