Thread regarding NetApp layoffs

NetApp CEO sells ~48,000 shares of his stock

Looks like NetApp CEO George Kurian sold ~48,000 shares of his stock the other day. I guess he's taking advantage of the recent spike in share price?! ~ $1.7Million ... that would be plenty to buy a nice new house :-)

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If Kurious George thinks NetApp is heading in the right direction why sell now? Another $10/share would be another 1/2 million $ in his pocket. He must know something that we don't unless $500,000 means nothing to him. If that is the case there is no way he can relate to the bothersome little people who work at NetApp...

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"After taxes, he might be able to afford a townhouse in an "okay" part of the bay area. Sick."

you must be out of your mind....... how i wish i can get such a deal ....

After tax $1.7 million would be $1.1 million in hand...... .

Look at palo alto homes / and a 1100 sqft condo is listed at $1.5 million...

I think he has to sell all his shares and then he can think of a 25 year old townhome in the not so good part of palo alto.

As for a nice house for 1.7million, he would have to move to Mebane in North carolina

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After taxes, he might be able to afford a townhouse in an "okay" part of the bay area. Sick.

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Good work G

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