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Uipath Insider Trades $4.5M In Company Stock finance.yahoo.com/news/uipath-in… via @Yahoo || This seems the reason for today's $PATH drop. Similar #TOST drop last few days (although the #Toast insider selling agreement is a bit convoluted, at least to me :-)
I am thinking a balanced approach for insider (especially founder) selling. On one hand, they should be able to sell some stocks to maintain their lifestyle (this is same for everyone, not same level, I mean the need of cash for lifestyle). At the same time, I think they... /2
should have #skininthegame by owning most of their net-worth in the company stocks. A similar rationale for CEOs who get a lot of company stock options. But the game was usually rigged in the latter scenario because CEOs / companies' stock buyback to pop up stock price. /3
