On September 6, 2023, John Riccitiello, President and CEO of Unity Software Inc (NYSE:U), sold 2,000 shares of the company.
  • meco03211@lemmy.worldEnglish
    23·
    1 year ago

    Pretty sure CEOs need to jump through more hoops to sell their shares like reporting that they plan to sell.

    • Carighan Maconar@lemmy.worldEnglish
      29·
      1 year ago

      And if they don’t, sometimes they get a slap on the wrist, assuming the money is still within the country. Which it ain’t.

    • FredericChopin_@feddit.ukEnglish
      92·
      1 year ago

      Yeah. I’m not one to defend CEOs but don’t they usually have these orders in place years in advance?

      Edit: Ask a question. Get a downvote but no correction. Why?

    • Envis10n@lemm.eeEnglish
      42·
      1 year ago

      You think they just suddenly came up with this model? No shit they have to jump through hoops. That doesn’t stop them from doing it in advance of something like this