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.ca
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    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