If there's one particular issue I have with management it is the endless parade of them granting stock and options to board members and senior management. If SFP was already approved and Calcitriol was on the market then I could see them compensating themselves nicely but they have done this repeatedly over a number of years when the future was not assured and investors were not rewarded by the stock price.
All this being said, very few of them sell the stock they obtain. Chioni has done it in the past for tax purposes but the worst offender is Ronald Boyd who has sold almost every share of stock when he receives an option that is in the money. He's in a divorce right now but this pattern of his sales has been going on for many years. I always wonder what he brings to the board.
I see no correlation between the stock grants and SFP or Calcitriol approval. They can grant themselves these free shares anytime they want.
I remain optimistic about SFP and Calcitriol approval. I just wish management would look out more for shareholders than themselves.
Those are all option awards bud, not insider purchases. An insider purchase of shares is noted by "Purchase" and an option award in favor of management/directors/employees is noted by "Option Award" -- I know, it's very confusing...I wouldn't read anything into those events, other than the beneficiaries just got a very, very generous award, worth even more soon on account of positive results forthcoming.