RE: RE: RE: INK reportYes that is true. When stock options are exercised, the employee is required to pay taxes on the difference between the price the employee paid and the price they are worth at the time of exercise.
This is true even if the price of the shares decrease.
If they have exercised and not sold, then they must be pretty confident that the share price will continue to increase.
If management has that much confidence, they must be pretty sure of themselves that the price will continue to rise.
The taxable benefit at this point would be greater than the current value of the shares and they still have not sold.
Speaks volumes about their high level of confidence.
Go SCG go.