I give you, saying "dumping" is the wrong way to phrase it.
I try stating it another way.
If there were just 3 to 5 million less shares outstanding, with the current market cap would the PPS be higher or lower than it is today?
I am not saying constant dilution, or dumping, I am not even going to call it dilution, I am just saying that if insiders would hold their shares a little longer, confidence in the position would be higher, and long shareholders would be happier and might be more willing to vote "yes" on incentives.