Company founders and leaders are unloading their stock at historic levels, with some selling shares in their businesses for the first time in years, amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws.
So far this year, 48 top executives have collected more than $200 million each from stock sales, nearly four times the average number of insiders from 2016 through 2020, according to a Wall Street Journal analysis of data from the research firm InsiderScore.
I have no idea how do they spend the big amount of money according to their business policies informed us?
Nehmen die BigBosse grade das Geld vom Tisch? Bubble
From tax breaks to buying back stock to cashing out. What a corrupt world we live in. Why can’t large business just pay their fair share. Most of us pay 35% and they pay zero
It's almost like we're in the middle of a giant bubble the collapse of which will make the 2008 crash look like a cake walk.
So what, I don’t know about Zuckerberg, but I think Musk had Taxes to pay, and needed to sell options due to expire?
Prolly had some bills to pay.