Enanta Pharmaceuticals Inc (ENTA)

[linhdtu]

You are nitpicking , aren't you ?
<1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in June 2014 to provide liquidity for tax payments due on account of options exercised in 2014.>

I read the same thing and I understand it to mean that these sales are being used to pay for taxes.
Look at the same thing from Gild CEO whom you have often criticized in the past
<1. The exercise and sale transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan.>
He is flatly saying I am just selling and pocketing the dough.

In this game, every one and their cousin know ,including the principals ie mgt, that there is tight scrutiny of mgt behavior and one of the clearest tell is insider buys/sells.

So while logically,rhetorically you are correct , I don't buy your reading of the situation.

Simply because in the situation that I owe my uncle 100K$ and I sell 1M$ worth, I can still use your argument and still be legally correct.