He sold this many shares, at this price, for this much. Seems like he's got a lot of faith in his company lol
USD 2,739,264
5 replies (most recent on top)
Not “selling” but rather transferring to a family trust….
This is somewhat normal unfortunately, it's not like they care about employee perception
They don't make their money from working for a salary, they make it from selling stock. So that tells you why their highest priority is the stock price, not the employees. They have been laying off people for a year, but they just delivered a 52-week high stock price.
https://www.dataroma.com/m/ins/ins.php?t=y2&rid=1578261
Ryan McInerney has sold $40m worth of shares in the last year and a half.
https://www.dataroma.com/m/ins/ins.php?t=y2&rid=1532601
Rajat Taneja has sold $63m worth of shares over that time.
yikes