RYAN COHEN DID NOT SELL SHARES – HE FILED A FORM 144 BECAUSE HE HAS OTM CALLS THAT EXPIRE IN 3 MONTHS
BECAUSE THERE'S A BUNCH OF FUD. I WILL LEAVE A SHORT COMMENT ON BBBY/RC VENTURES.
RYAN COHEN HAS NOT SOLD HIS FUCKING BBBY SHARES!! WHAT DID HAPPEN? HE FILED A FORM 144.
What is a FORM 144?
As a company insider, he needs to file a form 144, for PERMISSION to sell shares AND OPTIONS. That does not mean he has or will make a sale.
Speaking of shares he literally can't sell his shares without giving back all his profits to BBBY because of the short swing profit rule!
As a company insider, HE WILL LITERALLY HAVE TO GIVE BACK ALL HIS PROFIT IF HE SELLS HIS SECURITIES BEFORE THE SHORT SWING PROFIT RULE PERIOD IS OVER.
SEC Filing with the date of his share ownership: https://bedbathandbeyond.gcs-web.com/static-files/b08a4b0d-b9fd-467e-a69e-0e96c990ff45
So why did he file a FORM 144?
BECAUSE HE HAS OTM OPTIONS EXPIRING IN JAN. HE NEEDS TO FILE THE FORM 144 TO SELL THEM.
EDIT: A mod decided to change the flair?
Submitted August 17, 2022 at 10:34PM by Original-Baki