RE: First time I have seen this...W
Roy Sherbo is the Vice President of MTS TV Services
He shorted 15,000 shares.
It seems he exercised an option to hold 15,000, and then shorted them to remove any risk of loss.
There is nothing wrong with this, unless he was required to hold the shares, after all, he could have just sold them outright.
If he was required to hold the shares, what he did was wrong.