Peyto Exploration & Development Corp T.PEY

Exercise of options: is Everyone is Selling?

[John14v3]

Hello Board,
I might be reading the way these options get excercised incorrectly but does it not seem like pretty much all the Insiders turn around and sell the options/shares immediately?
I would assume that they all don't need the money to put in pools, redo kitchens, buy ski-doos, etc.  It would be nice to see more confidence and they hold shares.?
Maybe I am reading the data incorrectly.

Thanks and God bless you all!

[MikeySwoosh]

You're right in noting that most, if not all, of the BOD and C-Suite exercise their options and dispose of the shares immediately upon vesting. That said, consider that the President, the CEO, and the CFO all have greater than 500000 options granted, but yet to vest, and combined with the shares they hold, they all have better than $10M of interest in the company. DG alone owns better than 2M

[MikeySwoosh]

Assuming this posts properly, this is encouraging... Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Aug 23/22 Aug 23/22 Chetner, Stephen Jonathan Indirect Ownership Common Shares 10