Originally Posted by
angryrat
I don’t know why you think selling a parcel of shares is a strategic move? AJ has been selling since 2015, if he’s halfway out the door that would indicate he has 4 years until he leaves. AJ has sold $40-50m worth of his shares since 2015.
The strategic move could be simply he doesn't see the SP moving much higher than its current range...
A CEO selling is generally frowned upon, so unless AJ needed the money, one should probably ask the question of why he sold?