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this post was submitted on 18 Sep 2023
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How is this not insider trading?
Because it's scheduled. He probably just has a "sell all of my stock bonuses as I receive them" order to his broker. If he doesn't actually get involved in the day-to-day decision making of his stock portfolio, then there's no special knowledge involved in the sale.
That makes sense. Thought there would be a reasonable explanation for it.