RE:RE:RE:GRA.T Share Price langusihes & Yet More OptionsYou could be right, 1Student, as could I.
Perhaps Rocco essentially flipped his optioned shares, or, as I understand things, the company could have issued him shares from Treasury which he used to replace his existing 680,000 shares sold into the market and banked those funds.
Given the apparent thinness of the market of late, the sale transactions may have been brokered "off market" .
Or, the company may have purchased the shares in the market to fill the exercised option purchase, taking the loss
but supporting the share price.
Qui sait?
I also notice that all others, Wildeboer and Mahal, who exercised their options have , apparently, not sold any of their shares.
So , while selling a bunch of your shares may end up being a good play in any case, you may wonder why other insiders chose to hold existing positions and add to their holdings through exercising options .
Encore, qui sait?