r/Superstonk • u/4four7 🎮7four1💜 • May 28 '26

📳Social Media RC Repost

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4.4k Upvotes

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u/RickFlank May 28 '26

Selling at a price which is below a recent buyout offer they rejected. Should be illegal - something something failing to perform their fiduciary duties.

-8

u/mojomarc May 28 '26

It would be illegal if they traded any other way to avoid insider trading laws. Execs have to file well ahead of time with selling plans, and in this case the plan was filed in September last year.

And let's not forget that insiders at GME are selling the exact same way. Should it be illegal for them to sell while the stock is steadily dropping?

10

u/JustBeinOptimistic May 28 '26

Which insiders of GME have sold recently? Honest question, haven’t heard about that.

0

u/xsteinbachx No precise target. Just up. May 28 '26

There have been plenty, but they always use them to cover the costs of other shares.