I think it depends on why it was done. If it was only done so that the CEO could unload 250 million shares by selling them to the treasure before an RS it wouldn't be good. It just says he retired them but that doesn't mean he didn't sell them. Only been CEO a little over a year and not likely he just gave $275,000 away because he's a nice guy.
Yes it is huge that the CEO retired 250 million personal shares back to the treasury. That helps the share structure out and the value of the remaining shares.