this post was submitted on 15 Sep 2023
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Is there a source for people selling millions of shares?
Yup. And it’s easy to find more.
2000 shares is not millions... that's less than $100K at the current share price. For scale, the CEO was paid over $8 million in stock in 2022, of which he sold about 50000 shares over the course of the year, which would translate to roughly $2 million worth, which I assume means he's holding many more shares.
I just don't see it. Seems far more likely that he just regularly sells shares as income.
I do agree the other two are more scummy than the CEO.