If their stocks drop they can still use the difference in buy and sale values to deduct taxable income, meaning it will always be worth roughly 37% to the CEOs even if it becomes near worthless.
Plus they can just buy it back and wait for a rebound if they want to. It doesnt affect their normal operation.
They probably loaned their own stocks out to short sell and made profits.
If their stocks drop they can still use the difference in buy and sale values to deduct taxable income, meaning it will always be worth roughly 37% to the CEOs even if it becomes near worthless.
Plus they can just buy it back and wait for a rebound if they want to. It doesnt affect their normal operation.
They probably loaned their own stocks out to short sell and made profits.