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Spotify announces CFO to leave, days after he cashed in $9.3M in shares (www.theguardian.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] Anticorp 8 points 1 year ago* (last edited 1 year ago) (1 children)

Isn't this blatant insider trading? He sold shares knowing his departure could lower stock prices. I don't see how it isn't, since they didn't announce his departure until after he sold.

[–] BleatingZombie 4 points 1 year ago

I would think so. The only reason I wouldn't see it that way is if he's being fired specifically for the massive sell