You can login if you already have an account or register by clicking the button below.
Registering is free and all you need is a username and password. We never ask you for your e-mail.
As executives, they can't sell their Twitter shares (only during certain periods in a year). In reality, it's not even actual shares but stock options which only have value if the stock price is at the strike price or above. So if they think the company is going to tank further, they rather leave now so they can cash out whatever they have vested before the stock dips below that magic number.
view the rest of the comments →
[–] RedditDead2005-2015 0 points 4 points 4 points (+4|-0) ago
As executives, they can't sell their Twitter shares (only during certain periods in a year). In reality, it's not even actual shares but stock options which only have value if the stock price is at the strike price or above. So if they think the company is going to tank further, they rather leave now so they can cash out whatever they have vested before the stock dips below that magic number.