Uber / Former CEO dumped close to $166 million of company stock.
Uber co-founder and former CEO Travis Kalanick dumped close to $166 million of company stock over the past three days,
continuing a selling streak that began in the first week of November.
The 43-year-old founder sold a little over 5.8 million shares between December 11th and December 13th, according to an SEC filing.
Uber's co-founder and former CEO Travis Kalanick continues to cash out his stake in the ride-hailing company, selling off close to $166 million worth of shares this week.
The ousted chief executive has sold off a little more than $2 billion worth of Uber stock since the company's post-IPO lockup period in early November,
an act that has rapidly liquidated his stake in the company.
Kalanick holds a little more than 21 million shares in the company as of December 13th, which is less than a quarter of his original stake in the company.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
continuing a selling streak that began in the first week of November.
The 43-year-old founder sold a little over 5.8 million shares between December 11th and December 13th, according to an SEC filing.
Uber's co-founder and former CEO Travis Kalanick continues to cash out his stake in the ride-hailing company, selling off close to $166 million worth of shares this week.
The ousted chief executive has sold off a little more than $2 billion worth of Uber stock since the company's post-IPO lockup period in early November,
an act that has rapidly liquidated his stake in the company.
Kalanick holds a little more than 21 million shares in the company as of December 13th, which is less than a quarter of his original stake in the company.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.