RE:RE:RE:RE:RE:Kupinsky's Reason To SellHi Stockcoach, Thanks for the information going back so far. The shares that Mr. Thompson sold in 2014 I frankly don't care about. It was long ago. Insofar as the shares at $103.20 in 2015 at the end of a good run I can say that I would have taken some shares off the table, but of course I can say that as I now have the benefit of hindsight that it didn't go well for the share price going forward.
"IF" (and I repeat "if") he were to sell any amount of shares today for any reason I would take notice (unlike you apparently). My reasons for this is that he has publically stated his disappointment in the current share price (so it wouldn't be consistent with his actions) and I feel if he needs finances for his summer cottage or vehicles as you have suggested he can use his 7--figure salary like the rest of the rank and file. I'm never married to a stock as much as I love it.
As far as the Kupinsky change in direction of securities to HJR Family Trust and Pride Partnership I also don't care about those transactions as he did equity ownership change in 2014 and the reason is not important. Of some interest, however, is that the HJR Family Trust shares were sold on July 6, 2015 at $92.0465 and $92.2115; and the Pride Partnership shares were sold on July 24, 2015 at $102.85 and $103.7043. This is the same time that Wayne Walter Kepler and Mark Thompson sold their shares as well. Kupinsky does not hold any securities or issuer derivatives other than a nominal number of rights he exercised early this year on January 5 2016 and some on January 21, 2016 (in a transaction just filed today 2016-01-22); so your statement that he "still holds his core of 800,000 shares" not consistent with the information of record. The change in direction he did two years ago in which shares were changed over to HJR Trust and Pride and ultimately sold in the summer of 2015 has no relevance today so there is no purpose for discussing the reasons he had for doing this.
I'm not trying to be disruptive here. I share the pain of others on this board who have just received a 30% haircut. I just prefer dealing with facts and not speculation.
Have a good weekend,
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