Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.

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Athabasca Oil Corp > Too much insider selling?

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Comment by Chris007on Apr 05, 2021 9:23pm

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Post# 32939500

RE:RE:RE:RE:RE:Too much insider selling?

No one is exaggerating anything...the RSUs could have been paid out in shares or cash after they are vested...the insiders decided to cash out, rather than accept shares...pretty straightforward

RSUs were never meant to be sold on the open market, hence why they are called restricted share units

https://www.airdberlis.com/insights/blogs/startupsource/post/ss-item/many-options-overview-equity-compensation-incentives

You're free to arrive at your own conclusions...

fellowship wrote: Stock options which can be sold for cash . No need to exagerate things.
As mentioned before top board / management was in the .50 cents range. They are afraid
and cautios that some big short will jump in driving this down again. The fact that they did not sell open market is good indicator of things to come.
The only option shareholders have is to hold or to sell. Locked and loaded.