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Of course they can sell immediately, because it is money and reward for their work. But I am very upset with projects that delay distribution and offer many reasons to protect prices, which are really bullshit projects and not worthy of concern.
Unfortunately many blame the bounty hunter because when they do that simultaneously it will cause a dump. In fact, there are many projects that can still maintain the price even though bounty hunters get a fair reward, like Tachyon. So, this all depends very much on the quality of the project, if a project easily argues to reduce or lock rewards from bounty hunters for dump reasons, it is certain that the project is not really ready to compete in this ecosystem.