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Re: None

Monday, 08/31/2020 2:04:05 PM

Monday, August 31, 2020 2:04:05 PM

Post# of 36606
I will give this a try. If an insider, Steve is given (earned) stock options from his/her company giving him the option to buy a number of shares at a preset price, say $1. Steve can be executed this option at the time of his choosing. If Steve chooses to execute his options when the companies share price is $3 he has made a nifty profit with little to no risk. thus no skin in the game. If the companies situation is such that Steve will not profit from executing his options he simply does not.

If steve is buying on the open market like the rest of us he is assuming the same risk we do thus he has skin in the game