At what point do employees have the right to sue the boss for "deliberately harming the company?" That's what it will take to not only stop this action (that will probably happen anyway if you truly think the worst of their boss), but prevent the boss from profiting off of sleazy stock trading.
At this point, the only true happy ending is the complete ruination of just that one man.
The percentage of his sell-off was small. Shareholders are at fault for encouraging psychotic behaviors of publicly traded companies. Along with voters for not understanding that regulatory capture benefits all the well-connected vultures in banking and finance.
The Ex-EA shithead cashed out 2000 shares, or 80K. Upper Echelon reported in that video he notes that a another (less viral) exec sold 2/3rds of her stock the same day.
3,211,394 Directly (Dollar value of position?), with another 424,704 marked indirect, if I'm reading his SEC filing correctly. His trading strategy seems to be to sell any of the Indirect options as he gets them, as the 2000 shares indicated were sold. He hasn't touched his direct holdings-- which are massive compared to the options he's selling.
EDIT: By comparison, Robynne Sisco has sold 2/3rds of everything she held, and her position's value is much much smaller.
At what point do employees have the right to sue the boss for "deliberately harming the company?" That's what it will take to not only stop this action (that will probably happen anyway if you truly think the worst of their boss), but prevent the boss from profiting off of sleazy stock trading.
At this point, the only true happy ending is the complete ruination of just that one man.
The percentage of his sell-off was small. Shareholders are at fault for encouraging psychotic behaviors of publicly traded companies. Along with voters for not understanding that regulatory capture benefits all the well-connected vultures in banking and finance.
The Ex-EA shithead cashed out 2000 shares, or 80K. Upper Echelon reported in that video he notes that a another (less viral) exec sold 2/3rds of her stock the same day.
I fact checked it. Note Robynne Sisco's insider trades: 25,768 sold, 14,700 retained as of 9/6/23. A cool million cash-out.
Just for laughs, how many shares does the CEO still own?
3,211,394 Directly (Dollar value of position?), with another 424,704 marked indirect, if I'm reading his SEC filing correctly. His trading strategy seems to be to sell any of the Indirect options as he gets them, as the 2000 shares indicated were sold. He hasn't touched his direct holdings-- which are massive compared to the options he's selling.
EDIT: By comparison, Robynne Sisco has sold 2/3rds of everything she held, and her position's value is much much smaller.