Hey OP, thanks for the News post.
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Two tax transactions **and one sale of 13471 shares @ ~10.16**
Mark sold the dip š¤£ **CMON MAN!** be Mark donāt be the mark
Fucking pay attention ffs
Yeah, but simply holding would have done that. Probably just a case of he needed the money for something important, maybe his kid got into college. If I had a new ~~job~~ **position** that paid heavily in shares, Iād absolutely check when the last time my bosses bought or sold to get an idea. Itās like a āread the roomā thing. I wouldnāt want my boss to see me sell at a low, it kind of signals I donāt believe in the company that just hired me. **Unless** thereās a reason: medical bills, take care of your family, emergencies, etc.
Edit: not a new job just a new position, heās been with the company for over 8 years.
I think his shares just vested. He gets RSUs and they vest at a specific time and I believe, at least at my company, you are only allowed to sell at specific times due to insider trading. Not worried about this at all!
It literally says two transactions are for taxes and one was not for taxes. It literally says that in the form. Read it. It says which transactions and how many shares.
Sold to cover the taxes. When your RSUās vest you have the option to pay the tax out of pocket or just sell the shares to cover the tax portion of receiving this income. He obv shouldāve paid out of pocket in hindsight but I doubt itās common.
Mark H. Robinson sold 4379 shares on 04/02/2024, 13471 shares on 04/23/2024, 214 shares on 05/06/2024, and 2215 on 06/13/2024
>Sales on 04/02/2024 and 05/06/2024 represent shares sold to cover withholding taxes in connection with the vesting of restricted stock units and do not represent a discretionary trade by the Reporting Person. Sale on 04/23/24 represents a discretionary trade by the Reporting Person.
taxes baby
mark is a seller.. yes several of the transactions are for taxes, however there is one sale 13000 shares at near the fucking bottom. I dont know ppls lives.. but hes really the only exec who has sold. Based on that.. hes a seller, just facts.
RK just gained 4.01m shares and MSM gonna try to make a big deal about this dude selling 2k shares for taxes. Cant wait for the headlines tomorrow morning.
Just going to bring this back again from last month.
https://preview.redd.it/fhzg0wer4g6d1.jpeg?width=1125&format=pjpg&auto=webp&s=fe97fde0fbff47fbffc3220ba2aab94f03adb559
[https://www.reddit.com/r/Superstonk/s/qzcXZ2nlVY](https://www.reddit.com/r/Superstonk/s/qzcXZ2nlVY)
LOOK AT THE FUCKING SHARES OUTSTANDING AS OF TODAY!!!!!! WTF
ITS 350M - NOT 425M WHICH WOUKD HAVE INCLUDED THE 75M ATM??????
also, cohen will totally fire this guy haha
That's what I'm looking at! Maybe they did private sales at market value to the Prime Brokers that got caught holding Hwangs bag. I seem to recall that Prime Brokers don't even need to locate or borrow, I don't know if thats true or why thats allowee.
They'd have had to manage those for three years... Couldn't have been cheap. Also, not being forced to manage those positions could have really relieved some of the downward pressure.
Just so you all know, when RSUs vest like this, some amount of them are AUTOMATICALLY sold to cover the taxes. I had the same issue where I work - my RSUs were vesting on schedule but my company price was below my strike price at the time. I even asked if I could pay the taxes directly in cash and itās a no-go. This is how it works. Any of you doofs trying to shit on this guy need to learn more about RSUs
Maybe it was a scheduled sell? Mark was likeā okay we gonna have the shareholder meeting at 10, so the rocket leaves atmosphere around 11:47 so this is a good amount for beginnersā
>Restricted stock vested under an Issuer S8 registered plan. Sale represents shares sold to cover withholding taxes in connection with the vesting of restricted stock. This sale does not represent a discretionary trade by the Reporting Person.
Just for taxes
The previous sales are listed here but nothing new, we've had those form 144s filed and linked here previously
To be honest I just feel sorry for this guy, how on Godās green earth did he think selling in the $10 range was a smart move? If I were his colleagues and his boss, I would literally be having doubts right now about this guyās mental capacity. There is selling for tax reasons which is perfectly understandable, but to sell 13,000 more shares on top of that? There mustāve been some kind of family emergency or something, in which case I hope for his sake that it worked itself out and that money helped
"Restricted stock vested under an Issuer S8 registered plan. Sale represents shares sold to cover withholding taxes in connection with the vesting of restricted stock. This sale does not represent a discretionary trade by the Reporting Person."
Amount of Securities Acquired: 9300
Employee Stock Award.
So he sold 2k of shares? Oh noes. Anyways I'm litterally gunna sell my short holds the moment this pops enough to be worth while. I doubt the 25 or so shares will be an issue cause I'll have more for my warchest. I think this will be a decent company to long hold but the small peanuts I have on short hold will be going twords other investment opportunities. Of course that can change if the board gives me a good reason to up my share count. Not fud just reality. This guy sold peanuts and won't even move the bar an inch
The amount of ignorant apes is staggering...
They don't read or are too lazy to educate themselves and yell at the first sight of things they don't understand.
True apetards going full regard.
Hey OP, thanks for the News post. ------------------------------------------------------------------------ If this is from Twitter, and Twitter is NOT the original source of this information, this WILL get removed! Please post the original source! **Please respond to this comment within 10 minutes with the URL to the source** If there is no source or if you yourself are the author, you can reply `OC`
Two tax transactions **and one sale of 13471 shares @ ~10.16** Mark sold the dip š¤£ **CMON MAN!** be Mark donāt be the mark Fucking pay attention ffs
I noticed that too - pretty much nailed the bottom. At least its good plausible deniability of any knowledge of the following run-up.
Yeah, but simply holding would have done that. Probably just a case of he needed the money for something important, maybe his kid got into college. If I had a new ~~job~~ **position** that paid heavily in shares, Iād absolutely check when the last time my bosses bought or sold to get an idea. Itās like a āread the roomā thing. I wouldnāt want my boss to see me sell at a low, it kind of signals I donāt believe in the company that just hired me. **Unless** thereās a reason: medical bills, take care of your family, emergencies, etc. Edit: not a new job just a new position, heās been with the company for over 8 years.
I think his shares just vested. He gets RSUs and they vest at a specific time and I believe, at least at my company, you are only allowed to sell at specific times due to insider trading. Not worried about this at all!
Oh def not worried, just feel bad for the guy
It literally says he sold to pay taxes
It literally says two transactions are for taxes and one was not for taxes. It literally says that in the form. Read it. It says which transactions and how many shares.
Nailed the bottom lol. Such an apt thing for a guy like that to doĀ
One of us! One of us!
Bruhā¦ markā¦ š
He aināt hurting anyone but himself by not paying attention.
THINK MARK THINK
Who's Mark?
Not our investment officer, thankfully. š
šš
Guy that works at GameStop. Had shares sold for taxes but also sold some at the lowest prices in 3 years
In Arabic we say āhmarā
Hmar(k)
For those unaware Ya hamir Means jackass/donkey It could also be a form of endearment if it's family.
š«
Sold to cover the taxes. When your RSUās vest you have the option to pay the tax out of pocket or just sell the shares to cover the tax portion of receiving this income. He obv shouldāve paid out of pocket in hindsight but I doubt itās common.
Thereās 3 transactions. 2 are taxes, 1 is not
Sold to pay taxes for other shares most likely
Thereās 3 transactions, two of them explicitly for taxes and one explicitly sold
Mark H. Robinson sold 4379 shares on 04/02/2024, 13471 shares on 04/23/2024, 214 shares on 05/06/2024, and 2215 on 06/13/2024 >Sales on 04/02/2024 and 05/06/2024 represent shares sold to cover withholding taxes in connection with the vesting of restricted stock units and do not represent a discretionary trade by the Reporting Person. Sale on 04/23/24 represents a discretionary trade by the Reporting Person. taxes baby
And 2215 today.
you right, idk why i skipped over that, thanks
![gif](giphy|YYfEjWVqZ6NDG)
Fierce regrets incoming.
pesky tax man, at least this guy got a better price than the last several.
bro's accountant must be working for the hedgies lol
I bought 15 shares on 4/02/24 for $11.31 per share!! Thank you Mark!
mark is a seller.. yes several of the transactions are for taxes, however there is one sale 13000 shares at near the fucking bottom. I dont know ppls lives.. but hes really the only exec who has sold. Based on that.. hes a seller, just facts.
Sellers sell. Don't be like Mark.
What is this? What am I looking for?
Execs selling for tax reasons. Nothing to become Concerned about Edit - apparently I'm wrong. He sold more on top of the tax coverage
Alimony doesn't pay itself!
Maybe he wanted to take his family on a nice vacation before his mom dies or something.
Mark paper handed
RK just gained 4.01m shares and MSM gonna try to make a big deal about this dude selling 2k shares for taxes. Cant wait for the headlines tomorrow morning.
You pay attention to the MSM still?
*4.001
Can this motherfucker be out of shares yet. You were a terrible general manager
He's just received another 58k under the plan.
based on what are you claiming he was a terrible GM?
Seems like this dude has the knack to catch the bottom.
Mental note, when Mark sells, buy extra!
Says total shares are 351m? ![gif](giphy|l0HlvtIPzPdt2usKs)
Just going to bring this back again from last month. https://preview.redd.it/fhzg0wer4g6d1.jpeg?width=1125&format=pjpg&auto=webp&s=fe97fde0fbff47fbffc3220ba2aab94f03adb559 [https://www.reddit.com/r/Superstonk/s/qzcXZ2nlVY](https://www.reddit.com/r/Superstonk/s/qzcXZ2nlVY)
LOOK AT THE FUCKING SHARES OUTSTANDING AS OF TODAY!!!!!! WTF ITS 350M - NOT 425M WHICH WOUKD HAVE INCLUDED THE 75M ATM?????? also, cohen will totally fire this guy haha
What does that mean?
That's what I'm looking at! Maybe they did private sales at market value to the Prime Brokers that got caught holding Hwangs bag. I seem to recall that Prime Brokers don't even need to locate or borrow, I don't know if thats true or why thats allowee. They'd have had to manage those for three years... Couldn't have been cheap. Also, not being forced to manage those positions could have really relieved some of the downward pressure.
Eli5
That's really odd. They said they finished the ATM offering..
Wait doesnāt this mean RC can also buy right now? I thought he would be prevented due to the annual meeting.
Selling 9300 out of 58326 awarded, that's 16% for taxes.
And if they are RSUs this happens automatically in most cases
Just so you all know, when RSUs vest like this, some amount of them are AUTOMATICALLY sold to cover the taxes. I had the same issue where I work - my RSUs were vesting on schedule but my company price was below my strike price at the time. I even asked if I could pay the taxes directly in cash and itās a no-go. This is how it works. Any of you doofs trying to shit on this guy need to learn more about RSUs
True, but dumb considering how much 9300 shares will be worthĀ
paper hand Mark H. Robinson
Puts on Mark H. Robinson
Tax sale after stock award
Maybe it was a scheduled sell? Mark was likeā okay we gonna have the shareholder meeting at 10, so the rocket leaves atmosphere around 11:47 so this is a good amount for beginnersā
Apes use your brains , he sold to cover tax obligations on the shares he has been awarded as compensation for doing a good job
Typical tax sale, nothing of note
He sold more on top of that
>Restricted stock vested under an Issuer S8 registered plan. Sale represents shares sold to cover withholding taxes in connection with the vesting of restricted stock. This sale does not represent a discretionary trade by the Reporting Person. Just for taxes The previous sales are listed here but nothing new, we've had those form 144s filed and linked here previously
Fucking Paperhands Mark
Yeah fuck this guy
To be honest I just feel sorry for this guy, how on Godās green earth did he think selling in the $10 range was a smart move? If I were his colleagues and his boss, I would literally be having doubts right now about this guyās mental capacity. There is selling for tax reasons which is perfectly understandable, but to sell 13,000 more shares on top of that? There mustāve been some kind of family emergency or something, in which case I hope for his sake that it worked itself out and that money helped
"Restricted stock vested under an Issuer S8 registered plan. Sale represents shares sold to cover withholding taxes in connection with the vesting of restricted stock. This sale does not represent a discretionary trade by the Reporting Person." Amount of Securities Acquired: 9300 Employee Stock Award.
People have expenses lmao. Stop trying to police what others do and focus on your own stuff, holy shit.
morgan stanley pays taxes? alrighty then edit: iām so smooth. mark robinson is general council i think
So he sold 2k of shares? Oh noes. Anyways I'm litterally gunna sell my short holds the moment this pops enough to be worth while. I doubt the 25 or so shares will be an issue cause I'll have more for my warchest. I think this will be a decent company to long hold but the small peanuts I have on short hold will be going twords other investment opportunities. Of course that can change if the board gives me a good reason to up my share count. Not fud just reality. This guy sold peanuts and won't even move the bar an inch
The amount of ignorant apes is staggering... They don't read or are too lazy to educate themselves and yell at the first sight of things they don't understand. True apetards going full regard.
Taxes
need wrinkle brains for this.
Sold for tax purposes. I have no wrinkles but I'm pretty sure I'm right Edit I was wrong
....look again. He sold for more than that.
Yup. My bad
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No
I see now