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> CEOs constantly receive stock and stock price based bonuses. "a huge options bonus" https://www.bloomberg.com/news/newsletters/2020-08-03/money-stuff-now-an

• shajznnckfke 6y ago
  Assuming the options grant was coordinated with the loan deal (so we don’t need any innuendo about the suspicious timing), would that be insider trading? Couldn’t a company explicitly give a bonus to an executive as a reward for winning some business? Matt Levine makes a similar point in the article you linked.
  • take_a_breath 6y ago
    ==Assuming the options grant was coordinated with the loan deal (so we don’t need any innuendo about the suspicious timing), would that be insider trading?== We shouldn’t assume that considering the Kodak gave a completely different reason: “The options were granted to shield Continenza’s overall stake in the company from being diluted by a $100 million convertible bond deal clinched in May 2019 to help Eastman Kodak stay afloat, according to the person’s account.”