Because he has to EAT! And the fund sells at automatic intervals. He just gets a electronic deposit, most likely minus tax allowance, in his account. Then he pays bills!! You are asking the same questions over and over. If you are scared and can't get over it, get out. Mr. Nelson and other execs will sell again, I guarantee it. This is called owning stocks. You want no risk? Get a savings bond. (At least very little risk)