Anyone reading this and thinking that Paul, through an incredible amount of research, has uncovered anything atypical or even remotely newsworthy deserves him as their guide. Hey Paul, it's clear to us that you're Fredo not Michael. :)

I just love how Pandora trolls these boards.

IP address = Joe Kennedy's comfortable study

I do not work for Pandora in any capacity. Nice try though and quite the typical response. 

the point isn't that anyone can go to any financial website and look up what the insiders are doing: buying, selling or excersizing options, point is, this is not how a company that is in good shape acts. This is cashing out and it is clear from the recent trends that there is downward pressure on the stock, insiders selling, a glut of shares out there and a rash of bad press.

shooting the messenger is just trying to change the subject.

What company doesn't have their employees trading shares? Especially a company that has been in operation and took so long to go public as Pandora. It is really nothing new nor suprising.

It's time to get REVENGE on the nerds !!!

Did a search on insider transaction last 1 month at Pandora And found this:

Insider Trading: Conrad Thomas Officer BOUGHT 56500 shares

I am curious what level of research did you do for this post?

There are two major transactions in December that I see: 12/3 and 12/7, both sizable sales.

Take a look here, at the entire history for Conrad.

/paul

always hated pandora, and u should too: executives have looted about $75M while saying they can't pay artist royalties.

It might help to include what percentage of total value these stock sales represent. 

Also, a comparison to a company of similar value and what their officers typically do with their shares in the same time frame.

Without comparison and percentages these are meaningless numbers.

Well compared to most other people in musci, they're filthy stinkin' rich.  How's that for comparison

Sue every system that's moving with my intellectual property for non reported payable uses ! Collapse the entire fucking street !

...much needed scrutiny of Pandora

If Pandora executives don't believe in their own stock, why should investors? According to the latest batch of SEC financial disclosures, Pandora executives cashed more than $1.33 million worth of shares in December alone, another chunk in a broader, post-IPO cashout that now totals $73.4 million.    

The most aggressive ATMing is coming from CTO Thomas Conrad, who banked a sizable $671,293 in the Christmas month.  In total, Conrad has cashed $13.5 million in Pandora shares since June of 2011, with a massive, compound-style estate among his fresh possessions.  Other toys reportedly include flashy new cars, with executives suddenly assuming rapper-like purchasing habits.

But there's one thing Conrad's not buying: Pandora shares.  In fact, despite the sizable dump-offs, Conrad has not purchased any post-IPO Pandora stock.  That goes for most other executives, a message being watched not only by investors, but a highly-distressed artist and songwriter group as well.  Presumably, legislators are also watching this bonanza, especially as the company continues to lobby against burdensome artist royalties on the grounds of financial distress.  

Other cashout heavyweights include cofounder Tim Westegren, who was quiet in December but whose cashouts now total $9.93 million.  Westergren is the face of Pandora's protest against current royalty rates, with a poormouth pitch that includes tales of his rough history as a touring musician.  

And with that, here's a breakdown of what Pandora's brass have cashed ahead of 2013, thanks to insider filing site SEC Form 4.

Looks like Pandora is about to go over its own personal fiscal cliff.

Pandora execs shorting their own business.