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based on the OP's username, they seem to think this is some kind of insider trading. End-of-year trades are usually more about tax loss harvesting. Note that t
by tyre 2y ago
based on the OP's username, they seem to think this is some kind of insider trading.
End-of-year trades are usually more about tax loss harvesting. Note that the shares are indirectly held via another vehicle provided by Iconiq capital. Iconiq is a private wealth management firm for UHNIs. It's highly unlikely that they wouldn't ask about potential insider knowledge before allowing this to go through.
It's also possible that Jacobson filed a notice of these as planned equity sales months ago, which is standard practice for executives.
Without context, who the hell knows?
- slyall 2y agoHere is a big list of GitLab insider transactions. All correctly reported to the SEC. https://www.secform4.com/insider-trading/1653482.htm https://www.secform4.com/insider-trading/1653482.htm