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As always, these sales happen on a predetermined schedule for executives. This has nothing to do with the layoffs.

• klyrs 3y ago
  Just because he executed within a legal trading window doesn't mean he didn't make the decision to trade. It absolutely has everything with the stock going up right after the layoffs.
  • rco8786 3y ago
    > doesn't mean he didn't make the decision to trade That is not how 10b5 works. His trades are set in advance. He made zero decisions about this trade.
• yunohn 3y ago
  Yes, so if he sells regularly and is in charge of decisions that affect the price - what difference does your justification make?
  • rco8786 3y ago
    He is not omniscient. He doesn't know what effect layoffs will have on stock price.
    • yunohn 3y ago
      [dead]