Unity bosses sold stock days before development fees announcement, raising eyebrows
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Unity executives sold thousands of shares in the weeks leading up to last night's hugely controversial announcement it …

Unity bosses sold stock days before development fees announcement::Unity executives sold thousands of shares in the weeks leading up to last night’s hugely controversial announcement it …

  • severien@lemmy.worldEnglish
    7·
    1 year ago

    That would make stocks a form of retirement, not a work compensation.

    How about that you can sell the stocks, with an uncancellable order a year in advance?

    • sonnenzeit@feddit.deEnglish
      2·
      1 year ago

      Good point.

      I guess just having a staggered temporal restriction is fine, don’t need to wait until you retire necessarily. You would still receive a portion of your salary package in the form of classic currency and plenty for a good life too. An example could look like this and I’m obviously making up the percentages and durations here, they would need to be fine tuned:

      • 40% of salary as cash
      • 10% of salary as stocks that can’t be sold within 6 months
      • 10% of salary as stocks that can’t be sold within 12 months
      • 10% of salary as stocks that can’t be sold within 18 months
      • 10% of salary as stocks that can’t be sold within 24 months
      • 10% of salary as stocks that can’t be sold within 30 months
      • 10% of salary as stocks that can’t be sold within 36 months