Twitter COO and
Other Top
Execs Sell Shares After Lockup Expires
Twitter's cofounders and CEO may **t be in a rush to
Sell Shares in the company, but the same can't be said of
Other top executives
Ali Rowghani,
Twitter's chief operating ******r, sold 300,000 of his
Shares this week
After Twitter's stock
Lockup period expired, according to a
filing. He made just under $10 million from the transaction.
See also:
Twitter Is **t Doomed
Twitter's general counsel and VP of finance also sold
Shares this week, according to company filings.
The company's stock plummeted in recent days in part due to investor concerns over the
Lockup expiration, which allows insiders to offload
Shares in the company and significantly inflates the number of
Shares trading on the market
Read more...
More about
Twitter,
Stocks, and
Business