Why wouldn't they? It's been pumped up way beyond the IPO price that they and the bankers thought was reasonable. Even if you are bullish long-term, it makes s

Why wouldn't they? It's been pumped up way beyond the IPO price that they and the bankers thought was reasonable. Even if you are bullish long-term, it makes sense to cash out while it's overbought and buy back later. Also, keep in mind 500,000 shares might sound like a lot to us, but it's not even close to a majority of their position. Looking at this as a signal as to whether you should hold as an employee would be silly.