Apparently, Ubisoft is preparing for an employee's lawsuit according to a Ubisoft dev on FB pic.twitter.com/5hjRg12enb
β Pirat_Nation π΄ (@Pirat_Nation) March 28, 2025
Oh please God let this be true
Apparently, Ubisoft is preparing for an employee's lawsuit according to a Ubisoft dev on FB pic.twitter.com/5hjRg12enb
β Pirat_Nation π΄ (@Pirat_Nation) March 28, 2025
Oh please God let this be true
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No way this is real, how is that basically insider trading?
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It's actually quite common to offer stock options to employees. Insider trading rules are usually avoided by requiring that the employees hold the shares for a long period of time before they can sell.
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I think they have certain windows where they are allowed to sell, right after earnings calls usually.
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It depends how it set up. For the grunts doing grunt work they likely vest over time. So if you get 100 shares over a four year vesting period you get 25/year that become free and clear to do with what you want. If it's over 5 years it's 20/year, etc.
It can add up and be a nice little yearly windfall. Executives are considered a "control person" usually and they're the ones subject to Rule 144.
If this was a pension or 401k match thing expect a lawsuit and easy payout since the employees likely couldn't access the securities until a certain age or length of employment. Some lawyer is salivating at this should it be the case.
"Bonus" is tough to decipher without more context.
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They'll also warn you not to sell right before a major announcement, because you can get investigated by the SEC for doing so.
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Oh I see they had to hold it for 5 years.
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Almost surely not.
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Yeah, it seems like what's being described is an ESPP, which is very common and totally not illegal.
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Not even needed tbh. I used to work at a very large company and we had a setup like this, but no minimum holding period. I sold mine basically every pay cycle because I'm not r-slurred enough to keep a significant stock exposure to my employer.
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I'm not sure how to say this without sounding like a simp, but it's both hilarious and attractive how you manage to come aross as a financial genius by following incredibly basic standard investment advice.
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Youre both r-slurred
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I don't get why there isn't a private market for rsu insurance
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pretty certain they're forbidden by contract
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Stock options are communism.
@Ubie discuss.
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There's no way people would just go on the internet and lie would they?
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Surely lying online is illegal!
Did you know there's an image of Marsey in the dictionary right next to the entry for "gullible"?
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Holy shit. It's REAL?
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No... Just no really. Insider Trading, as a legal concept, means you are acting on non-public information to buy/sell stocks. This is part of why companies almost always have a period of time where you must hold stock and sometimes even pre-plan/announce intended sales months ahead of time. Sure you get a better-than-public stock price but you have some fair roadblocks to prevent utilizing it illegally. It's not impossible to do insider trading in these circumstances but it is reasonably prevented.
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I was misreading things
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