[mantrax5]

Reminds me of Forstall who dumped all his Apple stock months before being fired.

Why should they dump their stock before being fired? Is there a reason not to wait a little bit? It just looks plenty passive-aggressive.

Unless, of course they believe the stock will take a nosedive shortly after (which never happens).

[rsfinn]

Kara Swisher reports[1] that his intent in selling stock was to raise money to donate to medical research:

There was, in fact, a question at a recent “tea time” — bi-weekly employee meetings with top execs — about Rowghani’s large sale of his shares. Those in attendance told me that Rowghani got up and told the audience that he was not thrilled to answer the question, but noted that he wanted the money to give to research to battle a disease that took his father’s life. It was an emotional address, said those present.

[1] http://recode.net/2014/06/11/twitter-mulling-shake-up-of-top...

[Fomite]

Spite, no longer believing in the company, not wanting a large chunk of their wealth tied up in something they no longer have much of a hand in, or just wanting their money so they can buy a bright new FU sports car and blow some cash on whatever their next idea is?

[mbreese]

How long does it take to sell stock when you're an insider? Isn't there some kind of planning/disclosure process that has to occur? If so, I wonder how long this has been in the works, and how long the Board knew about it.

[therobot24]

absolve ties?

[gvr]

Yeah, Jobs did the same thing. There are plenty of people that feel they want to get that psychological tumor out of their lives after being fired and I think it's understandable even if it's not entirely rational in all cases. I'd probably do the same myself.