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Sony CEO Just Sold Over Half His Stock (gamerant.com)

From the post:

>Amid the fallout from PlayStation's announcement that it will halt physical disc manufacturing in 2028, SEC filings reveal that Sony CEO Hiroki Totoki sold over half of his stock shortly after the news broke. Some fans have been vocally opposed to Sony stopping physical disc production, and they have canceled their PS Plus subscriptions in response and in hopes that the company listens.

Archive: https://archive.today/MMXr0 From the post: >>Amid the fallout from PlayStation's announcement that it will halt physical disc manufacturing in 2028, SEC filings reveal that Sony CEO Hiroki Totoki sold over half of his stock shortly after the news broke. Some fans have been vocally opposed to Sony stopping physical disc production, and they have canceled their PS Plus subscriptions in response and in hopes that the company listens.

[–] • 1 pt

I don't know which exchange he sold this on, if it was the Nikkei version, I assume they would have similar rules where if someone like a CEO wanted to sell stock, they have to disclose it something like a month in advance. If that is the case, then they deliberately waited to make this announcement about not selling physical media anymore until just before the sale of those stocks would be live in the market.

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[–] • 1 pt

Telling.

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