Concordia Healthcare Corp. T.CXR.R

Insiders exercising RSU's for cash

[SteadyHandsStan]

Corporations in house lawyer and director  Francesco. Tallerico, probably advised them to exercise all the RSU's for cash because he was one of the insiders and maybe believes that it would be difficult to give cash at a later time.  That is what I think, cash is always good because if the insiders wanted shares that can turn around and buy like anyone else with cash they got. Lets see if they buy now.  If not and they have not been buying (opposite happening)  then it is not good sign any way you look at it.  From Canadian insider site, Tallerico's  settlement:  

Nov 22, 2016 (filed on Nov 25, 2016)

• Insider Name:

  Tallarico, Francesco

  Ownership Type:

  Direct Ownership

  Securities:

  Units Restricted Share Units

  Nature of Transaction:

  59 - Exercise for cash

  # or value acquired/disposed of:

  -7,273

  Price:

  $4.35