NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

As an insider, assuming he needed money, he may have been told that he could sell before positive news he knew about was issued, or he'd have to hold for some period of time. Corporate officers and certain other employees are restricted as to when they can buy or sell.

At IMGN we had a Chief Scientific Officer who held a fair number of shares, but sold each time new options vested, sometimes all, sometimes just enough to pay for all the shares. I knew people who knew him who indicated he had kids in college and needed more than his salary provided rather routinely. You never know why people do what they do.

Gary