The confusing part to me was the language that he "surrendered the shares" as payment for the loan, which implies to me he gave it back at the same price, rathe

The confusing part to me was the language that he "surrendered the shares" as payment for the loan, which implies to me he gave it back at the same price, rather than selling it at a profit. But as a sib pointed out there was a further step to the transaction where they gave him a different asset.