RE:Relentless selling by ACB Officer Nick Whitehead - VP of ACB
those are stock options dumbass...free money. Of course he would exercise and sell youd be an idiot to let your stock options expire (generally have 5 year term). people sell them earlier to take mkney off the table since its free to do a cashless exercise and sell right away broker covers the cash and takes commision. Easy money. Doesnt mean stock is going down if anything its a good sign if people in company are making money on their options. They will want to get more new options granted too later at current price and work to get price up more and exercise again. Hence the incentive of stock options for execs