Szymon

The flaw is the notion that they serve the company. This is a parasitic class which serves itself above all else.

If they legit sold their stock because they believed they would lose the value of their asset in the timeframe they were planning on owning it because of their company's policy change, then yes absolutely they should be held accountable.

My argument is that this isn't insider trading, but rather the movement of money for other, legitimate, purposes. I'm not saying it looks good, but it may just be coincidental bad timing that someone wanted to, for instance, pay for a year of their daughter's tuition, or buy their son a home as a wedding present.

A clearer example of insider trading is a politician's husband buying and selling shares of companies prior to public announcements of major government policies, coincidentally the companies directly impacted by those policies which their spouse was involved in enacting.

Definitely not looking like we're heading for happy or prosperous times for most people.

It's not insider trading because this decision will make the stock price climb in the long term, and any sales would need to be significant to be worth the penalties.

Stock was $39, dropped to $36. $3 difference x 2000 shares sold is a difference of $6000, something considered a rounding error when talking about the sums of money these people have.

This sounds like someone was selling their stocks and buying their kids a house by making small sales to have minimal impacts on stock price, not insider trading.

In reality the people that know their intentions are the ones that pressed the "SELL" button

The small nosedive the stock price took agrees with your assessment. It'll get an emotional reaction from some, but decisions like this are made in the interest of the shareholder, not the consumer - this is a calculated move to generate profit. They decided that the losses of people abandoning the product will be outweighed by the profits of this new revenue steam.

Who's taking bets on how long until this guy's head is left in a box for another billionaire to open?

You'd think so, but that poison is spreading up here pretty quietly and quickly.

The stock is down 5.5% today. It's down 6% from a week ago.

The stock is up 0.5% from a month ago, and up a whopping 32% from 6 months ago.

It's down 50% from five years ago.

What I'm getting at is that this announcement has very little movement on the stock price overall. Unless these bosses were clearing out their inventory thinking this news would kill the company, its possible these sales were normal transactions.

What we need is laws in place that allow competition to thrive and disconnecting from the idea of shareholder profit above all else.

Probably not happening in my lifetime .

People need to learn to yell at their boss, not the customer, to get more money in their pocket.

The cost of things has detached from what it costs to put the thing in the hand of the consumer, to instead a model of "what is this worth to you".

Russia looking to get advanced weapons from North Korea? Yeah, this war sure is going great for them.

Slava Ukrainia