2.5 million shares "awarded" to execs in ONE WEEK in January. This is more than has been awarded in the last 5 years. Your management doesn't care about you or the shareholders.
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It's a pretty hefty amount within the context of happening in one week. The bigger issue is the message it sends to employees and shareholders.
share dilution? Little dramatic 1hnd. 2.5 million sounds like a bunch, but not relative to the entire share volume. It's not even 1%. do the math
The stock that they give themselves dilutes the worth of your stock and your company. What did these executives do to get such hefty bonuses? Where is the accountability?? These options are not tied to market price or performance and as far as I understand bonuses haven't been paid to the employees...so what gives?
@FQ63LEv-oag I agree...anyone who thinks that management is simply "raiding" the company by awarding shares to themselves is obviously not intelligent enough to join in the conversation. If, by 'bankruptcy,' they refer to the Chapter 7 variety, in which the ship goes down as the band plays on, then they've contradicted their own point, namely, the fact that Chapter 7 is effectively the dissolution of the company, resulting in worthless (i.e. non-existent) shares. Yeah right, awarding shares sounds exaaaactly like the type of move an exec would make just before they watch the company belly up and sink to the bottom of the drink. Yeah, right.
awarding stock is good for employees it saves the company CASH the commodity that is needed most. Shareholders don't lose, they should want execs to have motivation to bring the share price up. Good move.