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by astrange 1391 days ago
What's the point if you underperform the benchmark?

This is just another form of reporting an executive "suddenly sold a bunch of stock" (when they filed a 10b5-1 plan about it months ago).

2 comments

Losing 5% this year puts you ahead of the S&P500 :D
Cheaters can be incompetent. I find the timing of trades of stocks closely related to what congress was voting more compelling than the under performance. Maybe you are right, but either way, the incentive should not exist at all - lawmakers having access to the markets while in office should be a blight of shame on a nation.