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Tuesday, March 22, 2022 6:23:47 PM
CC is an “affiliate” so he’s bound by those rules. If he wanted exit quickly he couldn’t. Same as any other affiliate around any other public company.
Lastly there’s a lot of executives out there who don’t hold much stock...they work in exchange for salaries. So share prices don’t matter as much in those instances. An exec holding a wad of shares is generally a good thing. At best he wants to see more shareholder value so his shares are worth more. At worst he can only sell little bits at a time (while publicly disclosing and letting the market know:)
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