Re: Insider Selling
in response toby
Topcoin - It is definitely a good move for him but not great optics for RVX. Most insiders just grow their holding as it doesn't instill faith when they start selling, especially when the price is already under pressure. With the combined options exercise a few weeks ago and this share sale, he will still have increased his holding by 25,700 shares and pocketed about $6881 CAD. He exercised 37,500 options and sold 11,800 shares. He collected about $35,006 CAD for the sale and paid $28,125 to exercise the options.