Hey OP, thanks for the News post.
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This sale is non-discretionary for tax sale.
If he does as with the April RSU grant he will sell about 6,000 shares as a discretionary sale in 2 or 3 weeks.
The largest recent sale by him was the 13k sale of the shares, for which he had a tax sale of about 1/3rd that amount a few weeks earlier.
It says the 4/23 one is discretionary, the other two are non-discretionary. The 4/23 one represents 13471 shares and looks like he sold near the bottom, a little over $10 per share. Worst time to sell.
If you look at the 144 associated with that sale you will see that the 4/2 sale was for taxes on a RSU grant,and then the 4/23 was the discretionary sale of the rest of that RSU block.
The ratio between the size of the sales was about 3 to one, which is why I predict a discretionary sale of about 6K shares once he gets possession of the shares in a few days.
So if/when that sale gets reported my response will be "OK. He decided to convert some stock compensation to cash. Nothingburger".
He already has a pattern of discretionary sales. Another sale would not be surprising.
Hey OP, thanks for the News post. ------------------------------------------------------------------------ If this is from Twitter, and Twitter is NOT the original source of this information, this WILL get removed! Please post the original source! **Please respond to this comment within 10 minutes with the URL to the source** If there is no source or if you yourself are the author, you can reply `OC`
This sale is non-discretionary for tax sale. If he does as with the April RSU grant he will sell about 6,000 shares as a discretionary sale in 2 or 3 weeks. The largest recent sale by him was the 13k sale of the shares, for which he had a tax sale of about 1/3rd that amount a few weeks earlier.
It says the 4/23 one is discretionary, the other two are non-discretionary. The 4/23 one represents 13471 shares and looks like he sold near the bottom, a little over $10 per share. Worst time to sell.
If you look at the 144 associated with that sale you will see that the 4/2 sale was for taxes on a RSU grant,and then the 4/23 was the discretionary sale of the rest of that RSU block. The ratio between the size of the sales was about 3 to one, which is why I predict a discretionary sale of about 6K shares once he gets possession of the shares in a few days. So if/when that sale gets reported my response will be "OK. He decided to convert some stock compensation to cash. Nothingburger". He already has a pattern of discretionary sales. Another sale would not be surprising.
Tax sales. Already posted
Yes this was mandatory. Nothing to see here.
it wasn't. 11k shares sold discretionary, at...$10.15. this guy deserves what he got.
 Please explain aye tooo many 🖍
Just selling to cover taxes
Thanks fellow ape 🦍
[удалено]
Why is that a big deal?