Do you think thero can just buy shares all the time on the open market after dips and events, when he’s probably talking to BP and has seen some type of non public numbers? If he put all his money in amarin and we got bought out, you would ridicule him for insider trading.
He doesn’t get free shares, he gets paid in options. They happened to be huge winners because the stock is up 600%. If you’re a CEO who’s stock goes from 600m to 6bil in value, you probably deserve to make money. These “free shares” he’ll award himself this year will mostly come in the form of options again, at a slightly discount strike price. He’s not making millions on his pay unless amarin does well.
Since his job and most of his net worth (100-200million dollars) are already in amarin, I’m fine if he wants to sell some and buy risk free assets or pay his family’s bills. He’s the single largest shareholder(who’s not a fund) when you count his in the money options. I hope other multi-millionaires put 85% of their networth into amarin, our share price would be a lot higher
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