RE:Insiders All Sell Their RSU's...?????oilwatcher13 wrote: If things are so great why would all the insiders sell their RSU's..????
In the first place the amounts are not great. Secondly, the fact that the transactions all took place on the 20th leads me to believe the RSU's were following a plan of execution. There probably was a date by which they had to be exercised. Certainly this is not a sign of insiders having any less confidence in CNE's future. I'm afraid you struck out again oilwatcher13 but what's new?
What is a Restricted Stock Unit or RSU?
A restricted stock unit (RSU) is compensation issued by an employer to an employee in the form of company stock. Restricted stock units are issued to an employee through a vesting plan and distribution schedule after achieving required performance milestones or upon remaining with their employer for a particular length of time. RSUs give an employee interest in company stock but they have no tangible value until vesting is complete. The restricted stock units are assigned a fair market value when they vest. Upon vesting, they are considered income, and a portion of the shares is withheld to pay income taxes. The employee receives the remaining shares and can sell them at his or her discretion.