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Enterprise Products Partners L.P. Message Board

  • debbie08730 debbie08730 Feb 17, 2012 5:33 PM Flag

    A LOT OF INSIDER SELLING....

    and I mean a lot......a lot of shares.

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    • I just read four of the filings. They all exercised options, and disposed of enough of the resulting securities to pay their tax liability. Nothing nefarious.

      I wouldn't blame them even if they had just outright sold part of their holdings in the open market (they didn't). These folks have done a great job for us and they deserve a big payday.

    • On the current roster, the insiders are exercising options and selling currently held shares. The options being exercised are value much lower than the current share price. Are they selling, or rolling out current shares and replacing with the shares from the options they are exercising? If they are exercising the options and holding these shares, then they are on net increasing their positions. Many had sales of roughly 40k shares, but exercised 60k from options. If they selling shares and picking up new ones through the options, those are 20k shares being "added" to their positions.


      Such rotation could be for tax and personal income purposes.

 
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