Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[JEFFROCOLETRAIN]

So insiders sell most of their stock holdings, and you spin it as a good thing???

"CEO Jill Soltau, chief financial officer Bill Wafford, chief merchant Michelle Wlazlo and chief human resources officer Brynn Evanson will get prepaid cash incentive awards tied to their pay and performance goals for the rest of this year.
Soltau’s bonus is $4.5 million; the other three officers get $1 million each. They will forfeit any other equity or long-term incentive awards that were in place. Penney’s stock closed up 4.4 cents, or 28%, to close Tuesday at 19.9 cents a share.

So they're stock holdings were taken away, because they were paid in cash upfront to retain the management team through the restructure.

If management bought shares, you would be screaming GREAT!
If management sells shares you scream GREAT?????