RE:RE:RE:RE:How'd y'all interpret these insider moves? whenever energy insiders start cashing in stock, of any kind
See, that's my thesis. I don't think anyone has cashed "in" anything, and these are not options at all. Merely, complex executive compensation shenanigans.
In our case, RSU's are settled by the BOD in cash or in kind, and last year the BOD opted to pay Broen RSU's in cash, this eschewing issuing new shares. So, Broen's balance of "fake" shares (read RSUs) has to go down, which is what I think SEDI is reporting.
I don't think we're dealing with a sale of real shares here at all.