Post by icemandios on Jun 27, 2017 23:57:38 GMT
Well, yes he is. Got it from the company web site.
So the CBO exercised options and sold them all pursuant to a 10b5-1 trading plan.
IOW, he planned to sell anything he was given of options in lieu of cash as payment for his services.
No confidence? Maybe, like most Chinese, not a "gambler." (In case that is necessary to say, that was sarcasm. It is likely China invented gambling).
Anyway, the CBO planned to sell stock. He exercised 2604 at 25.54 and 1396 at 33.49 and 3000 at 33.49 and sold them all. That left him holding zero.
The sell by date for these were either 2027 or 2026. So no rush, right?
As they say, there are a lot of reasons for an insider to sell, but only one reason to buy.
But to have a plan in place to sell these shares, and a piddling amount they are, and to leave nothing in the cupboard is another thing.
Is this something, or is it a nothingburger?
So the CBO exercised options and sold them all pursuant to a 10b5-1 trading plan.
IOW, he planned to sell anything he was given of options in lieu of cash as payment for his services.
No confidence? Maybe, like most Chinese, not a "gambler." (In case that is necessary to say, that was sarcasm. It is likely China invented gambling).
Anyway, the CBO planned to sell stock. He exercised 2604 at 25.54 and 1396 at 33.49 and 3000 at 33.49 and sold them all. That left him holding zero.
The sell by date for these were either 2027 or 2026. So no rush, right?
As they say, there are a lot of reasons for an insider to sell, but only one reason to buy.
But to have a plan in place to sell these shares, and a piddling amount they are, and to leave nothing in the cupboard is another thing.
Is this something, or is it a nothingburger?
