Parker sells 20+ mil in stock.
#1
Hey PSA, Parker today sold stock worth more than your entire payroll, please continue to entertain concessions in exchange for flying done by another carrier!
CEO Douglas Parker sells $20.3 million in shares of the newly formed airline.
http://m.barrons.com/articles/a/SB50...g=reno-barrons
CEO Douglas Parker sells $20.3 million in shares of the newly formed airline.
http://m.barrons.com/articles/a/SB50...g=reno-barrons
#3
What is fishy are these jack wagons who screw with our lives and our company and couldn't really care less about the long term health of this company.
The stock was issued on December 9 and he's already dumping it.
Awesome.
The stock was issued on December 9 and he's already dumping it.
Awesome.
#5
Gets Weekends Off
Joined: Apr 2013
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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.
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.
#7
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Joined: Apr 2013
Posts: 468
Likes: 0
#10

Either that or he was taking out the guys from Snack Gate at EGL for being railroaded by morons.
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