The Irony As part of their compensation package, senior officers of companies are paid mostly in options which are really performanced based compensation.
Keith Hill holds over 2.5 million shares in AOI, sells just over 5% of his holding for about $1 million to meet his recurrent needs and investors are spooked, with a sell off that wipes $125 million off the value of the company !
With all the scams in the recent financial crisis, investors are weary of anything move that is perceived to be not in their best interests.
Those who hold positions of trust in companies need to be more cautions about their dealings and the messages such dealings convey to the market.