Post by
tamaracktop on Aug 24, 2024 12:26pm
There are only two possible explanations
Why hasn't Curleigh exercised any of his newly acquired 475,000 options?
There are only two possible reasons.
1: his options are out of the money.
and 2: they aren't sufficiently in the money enough that would make it worthwhile to exercise them and sell the stock.
Be mindful of the fact that the company has incentive to grant the insiders options. It's another form of financing.
When insiders exercise options, they're issued treasury shares and the money goes in the company's coffers.