The good news was SAR distributed more in cash to most outside shareholders as insiders took stock distributions. But the company gave itself a long lead time of over a month between the ex-dividend date and the date of dividend payout and then based the amount of stock dividend distributed on the average of a few days worth of share price. How did they determine which days would be the average for the share price of dividend stock issuance. It seems to me they intentionally cherry-picked the few days during that month long period before the payout where SAR traded above $13 a share and then had to issue less stock to shareholders. Most of the month SAR traded much closer to $12 a share. So now we get a dividend based on a $13.12 while the stock currently trades at $12.56. so you take an immediate hit on that stock distribution of 56 cents a share. That seems unfair to me and feels intentionally manipulative. But getting more in cash than expected was nice.