Why would I think you had an agenda? He simply took advantage of older stock options due to expire in 2 and 4 years, at a good profit. With the state of the economy, the leftist focus of both the administration and congress, he probably did what was prudent. Raise cash and diversify. He retains a reasonably significant position in VFC stock. Would you place your future in the hands of Pelosi, Reid, Frank, Waxman, Obama and their whacky friends? Good luck, if you would.
My only focus with stocks is when to buy, when to sell, when to short, and when to cover. I wasn't looking at politics. I was looking at insider selling and I appreciated your comments on that. Will it change my mind? It may make me more watchful, but I've shorted VFC, just as I have already taken some profits on another retail short. I have shorted some stocks other than VFC. The alternative would be to stand aside after selling longs. But IMHO, sometimes when it's time to sell stocks(as you are agreeing with, I think), it's also time to short some.
My point was that there can be many reasons for exercising options and it should not be construed as a negative vote of confidence. When making your decision, go to the company's investor relations site and look at the Form 4. You can learn a lot. Do not ignore the political and tax environment. There can also be numerous personal reasons, which you will probably never know. Is the individual making a prudent decision based on what is known?
Often on these boards, short term traders attempt to influence a stock with mis-leading negative or positive (incomplete) opinions.