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IIRC from https://news.ycombinator.com/item?id=16067322 https://news.ycombinator.com/item?id=16067322 this was a scheduled sale, so it was already approved.
by QAPereo 9y ago
IIRC from https://news.ycombinator.com/item?id=16067322 https://news.ycombinator.com/item?id=16067322 this was a scheduled sale, so it was already approved.
- jjeaff 9y agoImportant quite from the above linked article: "Intel says the sale was preplanned - but that plan was put in place months after it learned of the chip vulnerability"
- T2_t2 9y agoBut it is (somewhat) consistent with his previous sales: http://www.nasdaq.com/quotes/insiders/krzanich-brian-m-872413 http://www.nasdaq.com/quotes/insiders/krzanich-brian-m-87241... I dunno how to read this, but it seems he sold off a chunk of his shares regularly, and that he traded almost a million down to 250K, but how did he have so many? Can someone who knows how to read that explain it to me?
- rando444 9y agoConsistent? Look at the link you posted. He goes from trading a few thousand shares here and there to trading almost a million in one go.
- jjeaff 9y agoNot only that, but he sold the absolute maximum allowed for a C level employee.
- houseofzeus 9y agoThe reason the column on the right (Shares Held) doesn't line up with how many he sold is that he executed his options to purchase a bunch of shares and then immediately sold them, which made up the bulk of the ones he sold in this transaction.