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re: CEO of Moderna deleted his twitter account and dumped $400 million of his stocks?

Posted on 2/12/22 at 12:48 pm to
Posted by billjamin
Houston
Member since Jun 2019
14936 posts
Posted on 2/12/22 at 12:48 pm to
quote:

No, I don’t know the laws concerning corporate officers selling their stock, I only know they rarely lose their asses on holding large stock positions as the rest of the out of the loop investors take a beating when the stock crashes.

Agreed, there is plenty of shady shite that goes on. This isn’t one of them. To put this in perspective Bancel liquidated about .06% of his holdings.
This post was edited on 2/12/22 at 12:49 pm
Posted by honeybadger07
The Woodlands
Member since Jul 2015
3263 posts
Posted on 2/12/22 at 12:52 pm to
Yeah no coincidence here, billy boy told us so!
Posted by the808bass
The Lou
Member since Oct 2012
119564 posts
Posted on 2/12/22 at 12:52 pm to
Your dick sucking is noted. You get 5 points.
Posted by billjamin
Houston
Member since Jun 2019
14936 posts
Posted on 2/12/22 at 12:59 pm to
quote:

Your dick sucking is noted. You get 5 points.

thanks for your incredibly well thought out contribution. It’s not hard to see why you don’t know shite about executive comp plans.
Posted by billjamin
Houston
Member since Jun 2019
14936 posts
Posted on 2/12/22 at 1:01 pm to
quote:

Yeah no coincidence here, billy boy told us so!

Look into it yourself. I posted a link with more details on the transaction. Idc what you guys think really, this doesn’t look suspicious to me. It looks exactly like someone settling up a tax bill. I have to do this exact same thing twice a year and sometimes they fall during quiet periods. It’s all automated.
Posted by Diamondawg
Mississippi
Member since Oct 2006
34851 posts
Posted on 2/12/22 at 1:05 pm to
If congressmen, they would be off the hook for insider trading because it's legal for them. These, they know something the general public does not know. I would think that was the epitome of insider trading.
Posted by Azkiger
Member since Nov 2016
25073 posts
Posted on 2/12/22 at 1:35 pm to
BananaHammock is on suicide watch.
Posted by Azkiger
Member since Nov 2016
25073 posts
Posted on 2/12/22 at 1:39 pm to
quote:

Looks like they’re all automatic sells


When were they arranged?
Posted by the808bass
The Lou
Member since Oct 2012
119564 posts
Posted on 2/12/22 at 1:40 pm to
Point me to the section in the Comp plan that involves deleting Twitter.
Posted by Mo Jeaux
Member since Aug 2008
59752 posts
Posted on 2/12/22 at 1:44 pm to
quote:

If congressmen, they would be off the hook for insider trading because it's legal for them.


No it’s not.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
49393 posts
Posted on 2/12/22 at 1:46 pm to
quote:

Feel free to continue to sky scream about that but the stock thing is a nothing burger.


I don’t see anyone sky screaming but rather openly pondering the circumstances and reasons behind these events.
Posted by LSUvet72
Member since Sep 2013
13076 posts
Posted on 2/12/22 at 1:50 pm to
Moderna about to go down.

Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 2/12/22 at 1:52 pm to
quote:

Idk, probably not. Feel free to continue to sky scream about that but the stock thing is a nothing burger.


I've wasted enough time researching dumb shite brought to this board, but this guy seems like the smartest guy in the room.

You'll get downvoted to oblivion by fricking up the narrative of those "that want nothing but the truth."
Posted by SalE
At the beach
Member since Jan 2020
2656 posts
Posted on 2/12/22 at 1:54 pm to
Yes
Posted by Penrod
Member since Jan 2011
46388 posts
Posted on 2/12/22 at 2:31 pm to
It’s suspicious, and should be investigated, but it could be innocuous. Perhaps he has been prevented from selling stock by contract, and it just expired. It would be madness, in that case, not to diversify.
Posted by Madking
Member since Apr 2016
58523 posts
Posted on 2/12/22 at 2:34 pm to
400 million

LINK
Posted by idlewatcher
Planet Arium
Member since Jan 2012
86261 posts
Posted on 2/12/22 at 2:38 pm to
Pretty sure CEO’s and execs can’t just execute a sale so quickly. I believe it has to be scheduled because you can find sales (and purchases) of execs online for their company

LINK

He’s been periodically dumping stocks for the last few months.
This post was edited on 2/12/22 at 2:43 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33766 posts
Posted on 2/12/22 at 3:30 pm to
Where are you seeing he dumped $400 million worth?

Looks like he had automatic sales on 2/9 and 2/10 totaling $2,002,000 and $1,580,000 respectively...so ~$3.5MM. Those share amounts are totally in line with what he's been automatically selling for months (a 13,000 share block one day and then a 10,000 share block the next).

LINK

This post was edited on 2/12/22 at 3:31 pm
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
22953 posts
Posted on 2/12/22 at 3:41 pm to
quote:

Looks like they’re all automatic sells, most likely to settle taxes owed on vesting grants.
Moderna insider activity.



You'll get downvoted into oblivion for stating something true in an antivaxxer conspiracy thread.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
22953 posts
Posted on 2/12/22 at 3:41 pm to
The antivaxxers are all anticapitalists now.
This post was edited on 2/12/22 at 3:44 pm
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