He could have turned down the stock options and bought stock in support of the company. He could have asked for a lower salary also. I don’t dislike Nader, I think he is a very driven and motivated person. However this is his big flaw as a CEO. It would be nice if any investor considering buying in would be able to see the CEO has a position based on their own money like the rest of us.
Thanks for sharing this – – that is a #%*+ ton of options – – he will be rich beyond belief if this thing goes to $30-40 bucks a share.
This puts the topic of him not having enough skin in the game to rest in my opinion – – whether he wants to signal confidence by buying extra shares in the open market is purely an academic discussion – – he has a massive amount of skin in the game and is tied to the upside in a huge way.
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