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No news here. Any executive of public company, especially CFO, setup to sell their shares automatically on announced predefined dates. This is needed to prove

No news here. Any executive of public company, especially CFO, setup to sell their shares automatically on announced predefined dates. This is needed to prove no inside info.

jmye 3y ago
Yeah, I’m missing the connection. Is he supposed to hold his stock forever? The stock didn’t crash on announcement of his departure, so even if you’re not aware of scheduling, there was no advantage that I can see to him. Smells like outrage baiting, honestly.
- tekla 3y ago
  Its HN people yelling at the sky "WHY WASN'T THAT ME!!!??"
- jtaft 3y ago
  Is the article hinting at the timing? Ie Spotify announces layoffs, stock goes up assuming less expenses so higher profit, then CEO decides to quit to take advantage of rise in stock prices?
mikeryan 3y ago
He also was probably aware the cuts were coming and had to wait until after the announcement to ensure it didn’t seem like he was trading on inside info.
benjaminwootton 3y ago
Even without that. The timeline seems to be stock goes up, he sells his shares, then he leaves (which may or not be pre-planned). There is nothing suspicious in the timing at all. It frustrating how the media can write things like this and potentially tarnish someone’s good name.