It is possible, as well as likely in some cases, but the main point is that none of the insiders are selling that received stock in lieu of cash payments.
If NON-planned sell transactions were being completed, then I'd say this would be a red flag. However the last non-planned sell hasn't been made since back in early 2012 and even that was only one transaction. Prior to that a sell back in the beginning of 2011 was made.
No sells have been made since 2012... That in itself is a very good thing.
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