Would appear an absolutely enormous amount of selling the last three days came from Kalanick. He sold over 20 million of his 97 million shares. He still sits on Uber board.
https://fintel.io/n/us/uber/kalanick-travis-cordell
Edit: on Wednesday he sold over 10 million. Thursday was 7 million. Yesterday he only sold over 2 million. Judging on that it looks like he is done for now or has sold the bulk of what he wished. Sell events like the one we just witnessed with Uber usually last three days similar to when a company has a really bad piece of news. Will be interesting to see if any other insiders sold as so far it is just him and a small player selling 15k shares. I don’t believe institutions have to report their sales as quickly as individuals though so it may be some time before we find out who else sold what.
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