Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(2017)
•••
Comment by Ciaoon Mar 31, 2021 2:46pm
146 Views
Post# 32915813

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

RE:RE:RE:RE:RE:RE:RE:RE:Here is a Recap on Insider Buys Filed TodayAnd that was asked in the quarterly conf call and Kurt explained as such.


HonestAl wrote: Whognu, 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.  




<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities