Who Sold $3.5 Million Worth Of UAL Stock?
09-15-2021, 10:14 PM
#2
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Joined APC: Mar 2013
Posts: 46
Originally Posted by Flydafe
Is there a way to find out if management has sold a bunch of stock in the company? There‘a a rumor that someone big sold 3.5 million worth recently...
09-15-2021, 10:34 PM
#3
Gets Everyday Off
Joined APC: Aug 2016
Position: Relaxed
Posts: 6,957
Originally Posted by Vprdrvr
Maybe getting ahead before the big hit. The media always hates us and when we fire hundreds (or thousands) and send many more on unpaid leave we’ll be hated all over the country. The media loves to hate United too.
09-16-2021, 12:04 AM
#4
Gets Weekends Off
Joined APC: Dec 2018
Posts: 1,067
Chances are that they have a 10b5 plan. They basically have to determine sales triggers well ahead of time to sell any shares, I.e. it’s not tied to any particular event / insight they may have recently acquired. It is often the only option to sell as an insider.
09-16-2021, 04:07 AM
#5
Line Holder
Joined APC: Feb 2009
Posts: 81
Originally Posted by Flydafe
Is there a way to find out if management has sold a bunch of stock in the company? There‘a a rumor that someone big sold 3.5 million worth recently...
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