Unity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcement
CEO John Riccitiello sold 2,000 shares a week before Unity revealed its Runtime Fee
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Why do we let execs sell stock received as compensation at all?
They literally take out tax free loans with the stocks as collateral. Dodging the entire capital gains system.
Because stock you can't sell is worthless.
It’s worth whatever it sells for when you resign. Which, if you did a good job, is way more than what it would’ve sold for the day you got it.
If you're doing a good job, though, why would you want to resign?
And if, for reasons beyond their control, the stock price is going to fall (e.g. new international tariffs or something), why should they be handcuffed to that decrease in value?
