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this post was submitted on 18 Sep 2023
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I’m not really sure what to make of this - I’ve been hearing people both bring up that he sold stock in isolation, and I’ve heard others say this is part of a routine pre-planned stock sale. Presuming he’s not performing obvious inside trading, I imagine it’s the latter.
I know capitalism bad and unity CEO bad, but is there actually anything to this? If not, why does this keep getting brought up? (I mean this as an actual question, not loaded)
There's nothing to this individual sale, it's just "CEO bad". Given that apparently he's had a bunch of sales planned for a while, it suggests he thinks the share price isn't going to increase over that time.
I'm not a financial expert, but in my layperson opinion, I'd say at the very least, it is suspicious and needs to be investigated.
Going by this commenter this seems like a nothing burger.
Obviously, fuck this CEO for all he’s having occur to Unity, but the stock sale doesn’t ultimately seem that important or relevant.