So he sells a bunch of shares right before the announcement that is likely going to tank their stock price
We should come up with a name for such an act
We should make it illegal too!
I mean that’s only like $70,000, which I’m guessing for him isn’t a huge amount of money.
This move is part of a larger trend for the insider, who over the past year has sold a total of 50,610 shares and purchased none.
Nothing suspicious about that.
He already knew a long time ago that this ship is sinking… What a pity, time to learn Godot.
Not defending the CEO, but selling 2k shares mean nothing for a CEO. I believe this would be a small percentage of his bonus.
According to the article, he has sold over 50000 within the last year alone, and hasn’t buy back a single one. And that’s already saying something.
Still immoral. I know everyone here is arguing about SEC regulations and that fuckboy was technically within his legal rights, but I’d like to remind you all that THE LAW IS ONLY THE BARE MINIMUM FOR ACCEPTABLE HUMAN BEHAVIOUR AND YOU SHOULD PROBABLY AIM WELL ABOVE IT TO NOT BE A COMPLETE SHITBAG
I don’t care about what’s legal, this was still an immoral move.
Don’t know man, 2k of unity shares should be miniscule compared to salary of a CEO of a company this size. It could be just selling to pay for tax or something. 2k of Unity worth less than $80k.
2,000 > 0
I remember rooting for Unity over Unreal because I like using C# over C++ (because smooth brain). But when he stated that if dev aren’t using mobile then they are dumb (paraphrasing), I shifted to Unreal. Glad I did after seeing this shit show. Hope he gets the boot after this.
I looked at C++ code and C# code and decided to go for C# because it’s actually readable for someone starting.
