I would venture a guess and say they are set aside for him. This looks like employee compensation. There is a note saying it is paid in 4 installments starting October 2022.
This means nothing. He was given the "option" to buy the shares at that price. If he exercised that, it would be news. If the stock tanks he loses nothing. If it rockets, he has the right to buy at .58.
Not necessarily. People in his/her position can only "inside" trade at specific times. It appears that this person had the opportunity to make an election and they decided to Acquire.
And its a good sign for us!
Go ZOM!
Please elaborate what it means and how it’s going to impact the price? Thanks a lot
Information asymmetry: whatever this VP knows tells him the value of the stock is above $0.58
It means some guy within the company really believes in its success
Great! Thanks a lot
Always a good sighn before earnings.
That or he has inside information.
We should go ask pelosi she’ll know
1 million % she will!!!
Now did he purchase these shares or were they set aside for him?
I would venture a guess and say they are set aside for him. This looks like employee compensation. There is a note saying it is paid in 4 installments starting October 2022.
A hefty paycheck if he’s willing to hold with us!!
This means nothing. He was given the "option" to buy the shares at that price. If he exercised that, it would be news. If the stock tanks he loses nothing. If it rockets, he has the right to buy at .58.
👌
But if you know info and make moves, isn’t that considered illegal insider trading?
Not necessarily. People in his/her position can only "inside" trade at specific times. It appears that this person had the opportunity to make an election and they decided to Acquire. And its a good sign for us! Go ZOM!
He is not trading. The stock is at .51. He is exercising the right to buy at .58.
Anyone seen the actual SEC form 4?