It's concerning when they sell off all or almost all of their shares, "cashing out".
Selling a third of your option while stocks are "at an all time high" is probably just executives making money on their money. Makes even more sense when you realize there is a decent chance they get partially paid with shares (not money to buy shares, but a set number of shares regardless of market price, or at the very least a preferred option) so even if they sell now, come next year, they'll have more shares at an even higher price at no or little cost to them.
Man, stock options can be great.
Selling a third of your option while stocks are "at an all time high" is probably just executives making money on their money. Makes even more sense when you realize there is a decent chance they get partially paid with shares (not money to buy shares, but a set number of shares regardless of market price, or at the very least a preferred option) so even if they sell now, come next year, they'll have more shares at an even higher price at no or little cost to them.
Man, stock options can be great.