You missed the point. First he never said it was "fishy." I believe the point he was making was how much Parker makes and how much money the company makes yet concessions are being demanded by labor.

Second, and most importantly, it wasn't "the company" selling shares, it was Parker's shares. And to the credit of others who already stated it, typically CEO's and executives don't dump shares when they believe they are undervalued. The buying and selling of shares by a CEO requires reporting to the SEC, hence the news release concerning this event.