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FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

FormerXBC Inc > Here is a Recap on Insider Buys Filed Today
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Comment by HonestAlon Mar 31, 2021 2:39pm
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Post# 32915750

RE:RE:RE:RE:RE:RE:RE:Here is a Recap on Insider Buys Filed Today

RE:RE:RE:RE:RE:RE:RE:Here is a Recap on Insider Buys Filed TodayWhognu, regarding a CEO selling $10M in stock, your post shows how large a part of investing education is.  No insult intended and i don't claim to know it all.  But you cannot see this sale and  instantly say he has no confidence in his own company.  There are many reasons to sell, including tax on options.  

I have not reseached his disposition but consider this ...."Under the current employee stock option rules in the Income Tax Act, employees who exercise stock options must pay tax on the difference between the value of the stock and the exercise price paid." 

Perhaps the CEO was getting nailed and needed cash flow for taxes?  I dunno, but you cannot blindly assume the worst.  


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