Wednesday, September 10, 2014

Chairman & CEO Actually ADDS About 3,000 Shares -- Via His Cashless Exercises Reported Today


Some of the minor MSM outlets are reporting it as a net sale -- of some 9,000 shares. An "unloading". Sheesh.

But, in actuality, he has increased his holdings by about 3,000 shares -- bringing his total held as calculated for '34 Act Section 16 purposes to around 338,000 shares.

And, the trigger was pursuant to a pre-arranged plan over which he no longer exercises any discretionary timing control.

So nearly nothing may be inferred from today's SEC Form 4.

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