Correct according to $AMC $APE @CeoAdam's Tweets as well
Lastly, I’ve been AMC’s CEO for 7 years. About 2/3 of my total pay is in stock not cash. Well publicized in advance, I sold shares only once in those 7 years, a 65 day span Nov 21 to Jan 22. My stock sales ended a year ago. I will NOT sell any more any time soon. I ride with you.
Some of you also forget that I currently own or will vest in about 3 million AMC shares and 3 million APE preferred units. That is an enormous incentive to do what is best for all AMC shareholders. I work in the best interests of AMC shareholders because I am one — and a big one!
Some of you misguidedly protest against dilution. When industry demand is off a whopping 35%, companies that do not raise fresh capital run out of cash and go broke. Cineworld/Regal in bankruptcy court right now. Not us! We know what we are doing. Looking out for your interests!