10b5-1 sales is also the default model for execs who have MNPI. From the article > According to the SEC, chief operating officer Emilie Choi booked $106 milli

10b5-1 sales is also the default model for execs who have MNPI. From the article > According to the SEC, chief operating officer Emilie Choi booked $106 million in stock sales that same year. So it's less that they overpaid him and more that all of the exec team other than Armstrong didn't believe in crypto and sold their a chunk options pretty much as they vested