Discover Financial Services Chief Financial Officer John Greene sold 99% of his holdings in the troubled credit-card company, according to a filing with the U.S. Securities & Exchange Commission. https://www.chicagobusiness.com/finance-banking/discover-cfo-john-greene-sells-nearly-all-company-stock#
Hmm thanks for sharing
Maybe he’s about to go into bankruptcy and needs cash
Link not working
When the fed cuts rates many of us on blind will be laid off and stocks will correct because of the selling. Always happens.
https://www.sec.gov/Archives/edgar/data/1393612/000197236224000045/xsl144X01/primary_doc.xml. He sold his rsu as part of compensation.
Is he leaving then? Or is he rich enough that doesn’t need money? Or is he in big debt? Mmm
A bigger surprise to me is that the Chief Financial Officer only has 3.7 million in stock. This is a credit card company, a debt factory. They literally print money. But the chief financial officer only has 3.7 million in stock? Where is this fiscal responsibility coming from?
They literally print money? Where did you work before?
he sold too early
Cool