Unity bosses sold stock days before development fees announcement, raising eyebrows
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Unity executives sold thousands of shares in the weeks leading up to last night's hugely controversial announcement it …

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 …

  • atzanteolEnglish
    513·
    1 year ago

    All trading by corporate officers is, by definition, “insider trading”.

    But as long as they did it at the appropriate times (usually windows after earnings calls iirc) and file with the SEC it’s fine.

    • tory@lemmy.worldEnglish
      5·
      1 year ago

      We’re gonna tank the company for money, everyone in this room sell all your stock over the next x months.

      X months pass and the last sale of stock happens legally

      Time for that announcement, send it.

      • atzanteolEnglish
        1·
        1 year ago

        Thanks - now that I’ve slept on it I believe the “after earnings call” applies to other non-officers of the company. I remember having some options that I could only exercise during certain times (HR would send us emails when those windows opened/closed).