Twitter Inc (NYSE:TWTR) shares witnessed massive selling from top executives during the month of November. Eight of the top executives at Twitter sold approximately $50 million worth of stock in November, according to Forbes.
Twitter CEO sold 50% of his stake
CEO Dick Costolo sold as much as 50% of his stake. Other executives who sold their shares were Jack Dorsey and Ev Williams. Co-founder EV Williams offloaded $28.7 million worth of shares, however, he still remains the largest individual stakeholder in Twitter.