People sell for lots of reasons, but ONLY buy for one. I would be more interested in the THREE SEC 13G's that were filed buy INSTITUTIONS in january and Feburary, indicating the very LARGE positions that are taking.
ALSO!!!! Executives are virtually ALL counseled to same day sell on all options. Options that you exercise and hold represent significant NEGATIVE potential tax consequences. Ask any of the dot.com folks that had low price options, exercised and held, and then after the stock had dropped (and their profit was GONE) Uncle Sam still wanted his tax money on the gain from the exercise price. Not a very nice awakening for many that did not appreciate, and can be VERY significant with executive level option grants.
Besides, they just get more every year any way. :-)
:-) LOL, the company will just give them more stock, and as typical, they will sell it. Get used to it, just the way money is made in the executive offices these days.
P.S. do you know who BlackRock is?? They have purchased almost 8% of the company, thats 956,926 shares!!!! They moved up a notch this year, the pecking order now goes, God, BlackRock, Goldman Sachs, and everybody else :-)
In other words, the're very bright boys :-) and they don't lose money.