Gail Boudreaux Bought 6.0% More Shares In Elevance Health
https://simplywall.st/stocks/us/healthcare/nyse-elv/elevance-health/news/gail-boudreaux-bought-60-more-shares-in-elevance-health
7 replies (most recent on top)
She probably had to buy more because she needs to hold a certain % of her annual salary in stock. How ironic that her poor performance caused our stock to drop 50% resulting in her needing to buy more to keep her job.
@ap Chump change in deed. A small investment in her pin money for the future when she leaves or gets canned and someone actually might improve things and she makes money on the back of others as she always has.
Overall. Last 12 mo she is the Only executive to buy. All the others have sold
Her buying that pittance amount of EH stock considering her accumulated wealth is just more smoke and mirrors. Wake up people! That purchase was chump change for her.
Laughable - a little over $2M for her is chump change. She needs to own a certain percentage of stock and she may have dropped below the %....or just a market gimmick to show she believes in the company....anyway this is totally meaningless. Let me know when the entire SLT is buying in a material way in the open market!
This is all a game. In the words of former president Linden B. Johnson "If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. He-l, give him somebody to look down on, and he'll empty his pockets for you."
Maybe she's thinking it will go back up at some point from external market forces. Or, maybe she's trying to save her a-s by buying shares to show she "believes".