RE:RE:InsidersCashcosts wrote: These filings can be tricky to read unless they are outright open market market buys or sells. If memory serves me correctly, i asked John awhile back about this and he said they aren't selling even if on the surface it looks like it in the filings. Either it is to pay the tax on the restricted stock or there is something else going on that I really don't understand but I don't think Paul is selling.
I was doing some reading on restricted units earlier. Was going to post an update but you beat me to it. That's exactly how they work: you are required to sell a portion of the common shares that are converted from restricted shares for tax purposes as the value of the common shares is essentially considered income. So in essence, they are converting at these prices = buying. Which is encouraging.