Board members often have the same issue, but in a different way. Probably the favorite two step approach:
1. Guide the company to do things that boost the stock price in the short term (1-3 years) but destroy the company's ability to compete on longer time lines
2. Dump your stock position
This doesn't usually happen with founders, but I can personally attest to the fact that this has been done intentionally by board members of billion dollar businesses.
There are also more subtle approaches, e.g. board members pushing for strategies that hurt the company, but boost the board members' other holdings.
1. Guide the company to do things that boost the stock price in the short term (1-3 years) but destroy the company's ability to compete on longer time lines
2. Dump your stock position
This doesn't usually happen with founders, but I can personally attest to the fact that this has been done intentionally by board members of billion dollar businesses.
There are also more subtle approaches, e.g. board members pushing for strategies that hurt the company, but boost the board members' other holdings.