That is the number of shares the CEO now holds, give or take a few thousand. In fact he only sold 50,000 shares recently, but I believe Barron's had a recently highlight blurb story on how he sold so much at the recent top....(cost money to read it) lol. So funny how these people mention that on certain stocks, but such a sale really has no relevance here. Note how short interest is down recently too. On every drop Monsanto is being bought up and will soon move higher imo. Low volume today is the key. Likely green by end of day, and/or higher tomorrow. Everybody wants to buy and hold a winner!
As the CEO he cant just sell all his stake. That would look bad for his image. He could of taken profits at 80 or 90 but instead he sees 102 and sells.. He's just smartly taking profits as it will likely dip to find support sooner or later. Monsanto is going to have a great year.