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Superstonk_QV

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ogrestomp

Two tax transactions **and one sale of 13471 shares @ ~10.16** Mark sold the dip šŸ¤£ **CMON MAN!** be Mark donā€™t be the mark Fucking pay attention ffs


haz_mat_

I noticed that too - pretty much nailed the bottom. At least its good plausible deniability of any knowledge of the following run-up.


ogrestomp

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, Iā€™d absolutely check when the last time my bosses bought or sold to get an idea. Itā€™s like a ā€œread the roomā€ thing. I wouldnā€™t want my boss to see me sell at a low, it kind of signals I donā€™t believe in the company that just hired me. **Unless** thereā€™s a reason: medical bills, take care of your family, emergencies, etc. Edit: not a new job just a new position, heā€™s been with the company for over 8 years.


Deredere12

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!


ogrestomp

Oh def not worried, just feel bad for the guy


WillowGrouchy2204

It literally says he sold to pay taxes


ogrestomp

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.


Readingredditanon

Nailed the bottom lol. Such an apt thing for a guy like that to doĀ 


stockpyler

One of us! One of us!


Mochikitasky

Bruhā€¦ markā€¦ šŸ˜…


ogrestomp

He ainā€™t hurting anyone but himself by not paying attention.


MookMook22

THINK MARK THINK


Splatterman27

Who's Mark?


33rus

Not our investment officer, thankfully. šŸ˜…


Readingredditanon

šŸ˜‚šŸ˜‚


ogrestomp

Guy that works at GameStop. Had shares sold for taxes but also sold some at the lowest prices in 3 years


80sRetro1

In Arabic we say ā€œhmarā€


daywon89

Hmar(k)


AbjectFee5982

For those unaware Ya hamir Means jackass/donkey It could also be a form of endearment if it's family.


Na-bro

šŸ«


roadtothesecondcomma

Sold to cover the taxes. When your RSUā€™s 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 shouldā€™ve paid out of pocket in hindsight but I doubt itā€™s common.


ogrestomp

Thereā€™s 3 transactions. 2 are taxes, 1 is not


Dr_WLIN

Sold to pay taxes for other shares most likely


ogrestomp

Thereā€™s 3 transactions, two of them explicitly for taxes and one explicitly sold


hey_itsmeurbrother

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


Brotorious420

And 2215 today.


hey_itsmeurbrother

you right, idk why i skipped over that, thanks


Brotorious420

![gif](giphy|YYfEjWVqZ6NDG)


Insanityistheonlyway

Fierce regrets incoming.


meesir

pesky tax man, at least this guy got a better price than the last several.


stepsword

bro's accountant must be working for the hedgies lol


irieyardie

I bought 15 shares on 4/02/24 for $11.31 per share!! Thank you Mark!


asdfgtttt

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.


relentlessoldman

Sellers sell. Don't be like Mark.


Advanced_Algae_9609

What is this? What am I looking for?


PissedOnBible

Execs selling for tax reasons. Nothing to become Concerned about Edit - apparently I'm wrong. He sold more on top of the tax coverage


Insanityistheonlyway

Alimony doesn't pay itself!


facebook_twitterjail

Maybe he wanted to take his family on a nice vacation before his mom dies or something.


ZealousidealPea7667

Mark paper handed


DasTooth

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.


RimCan19

You pay attention to the MSM still?


ptgkbgte

*4.001


Rangeninc

Can this motherfucker be out of shares yet. You were a terrible general manager


Banished_Privateer

He's just received another 58k under the plan.


martinu271

based on what are you claiming he was a terrible GM?


Barneyinsg

Seems like this dude has the knack to catch the bottom.


relentlessoldman

Mental note, when Mark sells, buy extra!


Brotorious420

Says total shares are 351m? ![gif](giphy|l0HlvtIPzPdt2usKs)


halfconceals

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)


BiggySmallzzz

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


Imadethosehitmanguns

What does that mean?


Full_Option_8067

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.


chekole1208

Eli5


Unknowngermanwhale

That's really odd. They said they finished the ATM offering..


nfuckinsane

Wait doesnā€™t this mean RC can also buy right now? I thought he would be prevented due to the annual meeting.


Banished_Privateer

Selling 9300 out of 58326 awarded, that's 16% for taxes.


GekkoGains

And if they are RSUs this happens automatically in most cases


GekkoGains

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 itā€™s a no-go. This is how it works. Any of you doofs trying to shit on this guy need to learn more about RSUs


Imadethosehitmanguns

True, but dumb considering how much 9300 shares will be worthĀ 


coppehh

paper hand Mark H. Robinson


PackageHot1219

Puts on Mark H. Robinson


bcarey34

Tax sale after stock award


TreborRelim

Maybe it was a scheduled sell? Mark was likeā€œ 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€œ


kopierguy

Apes use your brains , he sold to cover tax obligations on the shares he has been awarded as compensation for doing a good job


imadogg

Typical tax sale, nothing of note


bstzabeast

He sold more on top of that


imadogg

>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


ahaltom1

Fucking Paperhands Mark


Colonel_Lexx

Yeah fuck this guy


Spiritual_Review_754

To be honest I just feel sorry for this guy, how on Godā€™s 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 guyā€™s mental capacity. There is selling for tax reasons which is perfectly understandable, but to sell 13,000 more shares on top of that? There mustā€™ve 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


mailkrishna12

"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.


NeedNameGenerator

People have expenses lmao. Stop trying to police what others do and focus on your own stuff, holy shit.


humdingler

morgan stanley pays taxes? alrighty then edit: iā€™m so smooth. mark robinson is general council i think


S1lkwrm

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


ethangyt

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.


RedEye55

Taxes


Capital-Hospital7939

need wrinkle brains for this.


PissedOnBible

Sold for tax purposes. I have no wrinkles but I'm pretty sure I'm right Edit I was wrong


jibbyjackjoe

....look again. He sold for more than that.


PissedOnBible

Yup. My bad


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


PissedOnBible

No


Advanced_Algae_9609

I see now