We are in a short term (I hope) bear market. A lot of stocks are getting killed, even though their fundamentals are good. It's not 2012. This should not be trading in the 4's. But the future needs to look more stable.
The shares sold were a type "F" transaction, which mean they were sold to pay for taxes on stock options that were granted to them. They still hold 130,000 and 55,000 shares. Phantomhawk is full of FUD, and doesn't know how to read a Form 4.
The SEC filing says "paid out" in the 3rd quarter. I believe that they have to accrue the expense in the 2nd quarter, and probably wanted to come to a formal agreement before the 2nd quarter financials were released.