I would guess when you are touting your ability not to furlough among industry piers who have furloughed, it might have a negative impact. Besides, this is most likely him taking his annual paycheck from his stock holdings. My thought is the hypocrisy of his shared sacrifice mantra. He forgoes his pay but not his compensation.

Is it stock he already owned or new stock issued? If he has not received stock since the beginning of the pandemic I don’t see anything wrong with that, like you and me the Man has bills to pay and selling shares from his portfolio would give him cash to do that. if he has continued to get stock since he went on a $0 salary then yeah the BS flag needs to be waived

Not zero, he's forgoing half his salary. I'd have to refresh myself on some of the options but I'd bet he finally hits that RA compensation number next year if the stock recovers some more.

His and all the MIP awards come in February to coincide with PS day. They are awarded per the MIP policy. Only after the annual results are known can they determine the amount awarded. The 2019 10-K details the policy and the individual Form 4s disclose the amount of the award. See the link I previously posted.

here's the 10-K
https://www.sec.gov/Archives/edgar/d...0004-index.htm

here's the MIP
https://www.sec.gov/Archives/edgar/d...2019ex1016.htm

Last year’s salary was 945,000. A small portion of his 17,000,000+ total compensation. Read the fine print. He gave up 6 months of his salary only. A good talking point to the uninformed masses.

Maybe it was a giant middle finger to the MEC. “I’ll show those disagreeable ****ers, I just made more money in one minute than they’ll make in a decade. Muhahahahha” (in Dr. Evil laughter) 😉

You realize how difficult it is for him to sell stock, especially of his own company. There’s no way he picked the date. He’s prob lucky if he can pick the month. If he was smart, he has someone manage all of his finances and stocks. I bet he didn’t even know he was selling stock that day.

Lol...refreshing to read something factual on APC once in awhile.

Truedat! It's even harder than signaling for the dealer to pick it up and go alone, if you can believe that. Nearly impossible.

Doesn't stock price typically go down when a top officer sells stock?