re optoinsI think several points are missed here. First, the director who sold may be a risk averse investor, or may just not have the cash to pay for the shares that were available to him. The options were due to expire (likely), so if he does not have the financial resources to buy the shares, he exercises and sells.
Second, regardless of why he did it, that is his private affair and the company should not be required nor expected to comment. He is entitled to his privacy.
Lastly, when I mentioned full disclosure, i was not expecting any justificatoin for insider trades, they do not matter. I am hoping for disclosure of material corporate initiatives that have been significantly delayed. Volta, drilling fluids, and the financing of the 5 year plan, all of which have been talked about openly for the last several quarters and yet none of it has happened. I would also like to hear that there is an IR plan in place. Better liquidity would be a benefit to all of us.
Best of luck