RE:Insider activity. There's no "free money" in the granting of options, only the right to purchase of shares of the companyat the price the options were granted and by a certain date. Should the shares nott be acquired by the 'maturity date'- the options expire and the allottted (reserved) shares are returned to the company's treasury..
So, in Coffey's case he let 331, 267 options expire without being exercised and was only granted 13,061 options in return - thus having the difference removed from the total number of diluted shares ONCY reports each quarter. In Kirk Look's case, he let 270,700 options expire without being exercised and was only granted 20,700 options in return
In addition, on November 27, 2024 Matt Coffey let 227,163 options expire without being exercised, while being granted 11,260 options in return.