103897858
commented on a stock · Aug 14, 2024 23:22
Sell from executive 1.3M.
Unity has already become a small cap stock, with three million being able to easily influence the stock price. Just as it has been lifted by the large cap, it is now about to suffer from a blow from the executives.
$Unity Software (U.US)$Unity Software's former co-founder Marc Whitten plans to sell 79,844 shares of common stock of the company on August 13, 2024, with a total market value of approximately $1.3M. These stocks were acquired through the release of restricted stocks on three different dates: November 25, 2023 (8,572 shares), February 25, 2024 (22,894 shares), and May 25, 2024 (48,378 shares), as part of a stock compensation plan from Unity Software. This planned trade took place three months after Whitten sold 130,122 shares of Unity Software stock and made over $2.6M in total profits.
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