My company issued stock a month ago or so as a bonus for 2008. The shares had to be held until a certain date, as to not affect the stock price by a massive sell off of stock from the entire company. As usual the executives had the quanity of shares they aquired made public knowledge. I review the ‘insider transactions’ today and noticed that all the exec’s have made “disposition” notices on the insider transaction web page. All of them, are selling stock.
I have a eerie feeling that’s bad news…but not the point of the post. All the executives have dispositions at the same price. So, instead of worrying they’re all dumping and running, is it possible it was contracted they ‘had’ sell at X???
Since i don’t operate in the up echelon of companies, i have zero clue what goes on up there. Any help is appreciated.
Actually no. It means shares they have power or liberty to control, direct, or dispose. if actually sold, it would say stock disposed…not disposition. depending on the form, it may just be notice that execs have acquired the shares given as a bonus.