Stock - Insider Questions

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.

Thanks

I don’t know the answer to your question but execs selling does not sound like a good thing.

How does the indicated price in the documents relate to the current price?

The indicated price listed for the exec’s is about 50 cents off, not much.

Are they selling all their shares? Has the company been public for awhile?

Company has been public for years. The ‘insider transaction’ page states “Stock disposition”

Which i believe is a fancy way saying 'Stock sold"

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.

See, this is why i ask. So they’re not selling, gooooooooooood.

Thanks!!!

Just wanted to be clear, they MAY sell if the shares are NOT restricted shares. i.e. they are “locked-up like your shares.”

The sale has to be declared as well, correct?

My shares are no longer locked. If they mass dump, so do I.
I’ve been down this road before.

yes…but on an ex-post basis - after the fact…