Comment on Unity Software Inc's President and CEO John Riccitiello Sells 2,000 Shares

mrsgreenpotato@discuss.tchncs.de ⁨9⁩ ⁨months⁩ ago

• learningduck@programming.dev ⁨9⁩ ⁨months⁩ ago

  Not defending the CEO, but selling 2k shares mean nothing for a CEO. I believe this would be a small percentage of his bonus.

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  • sebinspace@lemmy.world ⁨9⁩ ⁨months⁩ ago

    Still immoral. I know everyone here is arguing about SEC regulations and that fuckboy was technically within his legal rights, but I’d like to remind you all that THE LAW IS ONLY THE BARE MINIMUM FOR ACCEPTABLE HUMAN BEHAVIOUR AND YOU SHOULD PROBABLY AIM WELL ABOVE IT TO NOT BE A COMPLETE SHITBAG

    I don’t care about what’s legal, this was still an immoral move.

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    • learningduck@programming.dev ⁨9⁩ ⁨months⁩ ago

      Don’t know man, 2k of unity shares should be miniscule compared to salary of a CEO of a company this size. It could be just selling to pay for tax or something. 2k of Unity worth less than $80k.

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      • sebinspace@lemmy.world ⁨9⁩ ⁨months⁩ ago

        2,000 > 0

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  • mrsgreenpotato@discuss.tchncs.de ⁨9⁩ ⁨months⁩ ago

    According to the article, he has sold over 50000 within the last year alone, and hasn’t buy back a single one. And that’s already saying something.

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