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The chart in this tweet shows him as having sold 71% of his shares: https://twitter.com/PeterSchiff/status/1383792715360399372 https://twitter.com/PeterSchiff/s
by ac29 6y ago
The chart in this tweet shows him as having sold 71% of his shares: https://twitter.com/PeterSchiff/status/1383792715360399372 https://twitter.com/PeterSchiff/status/1383792715360399372
Some folks are counting un-exercised options as shares to make it sound like insiders sold less than they actually did, but you cant sell shares you dont own.
- berberous 6y agoHe could exercise and then sell his options, most of which are probably vested. It’s absolutely logical to count the unexercised vested options, and extraordinarily misleading not to. The CFO exercised 20% of her options and then sold those shares, which the chart then spins as her selling 100%.