Flying Squid@lemmy.world to Technology@lemmy.worldEnglish · 3 年前Unity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcementkotaku.comexternal-linkmessage-square63fedilinkarrow-up1606arrow-down153cross-posted to: [email protected]
arrow-up1553arrow-down1external-linkUnity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcementkotaku.comFlying Squid@lemmy.world to Technology@lemmy.worldEnglish · 3 年前message-square63fedilinkcross-posted to: [email protected]
minus-squarekibiz0r@midwest.sociallinkfedilinkEnglisharrow-up4arrow-down1·3 年前Why do we let execs sell stock received as compensation at all?
minus-squareAlwaysNowNeverNotMe@kbin.sociallinkfedilinkarrow-up4·3 年前They literally take out tax free loans with the stocks as collateral. Dodging the entire capital gains system.
minus-squarewmassingham@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down2·3 年前Because stock you can’t sell is worthless.
minus-squarekibiz0r@midwest.sociallinkfedilinkEnglisharrow-up3·3 年前It’s worth whatever it sells for when you resign. Which, if you did a good job, is way more than what it would’ve sold for the day you got it.
minus-squarewmassingham@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down3·3 年前If you’re doing a good job, though, why would you want to resign? And if, for reasons beyond their control, the stock price is going to fall (e.g. new international tariffs or something), why should they be handcuffed to that decrease in value?
Why do we let execs sell stock received as compensation at all?
They literally take out tax free loans with the stocks as collateral. Dodging the entire capital gains system.
Because stock you can’t sell is worthless.
It’s worth whatever it sells for when you resign. Which, if you did a good job, is way more than what it would’ve sold for the day you got it.
If you’re doing a good job, though, why would you want to resign?
And if, for reasons beyond their control, the stock price is going to fall (e.g. new international tariffs or something), why should they be handcuffed to that decrease in value?