Go to Yahoo and click on Finance. Put in the ticker symbol for Sprint - 'S'. When the page loads, on the left hand side, click on INSIDER TRANSACTIONS. Then scroll down to see what the executives are doing with their stock.... like the 10million share Marcelo got in August for a price of $0 per share.
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Absolutely. They are probably restricted stock units. But that's not the point. The point is that in a company that is basically going broke due to bad management, the big guy is still pulling down $30M USD in stock (not including salary and other contractual payments) while the rest of the employees are being laid off and having their severance and pay negatively affected. Is that fair to employees, which many are stock holders? Regardless of how he got the stock - the question becomes is it "Right" to do that given the situation being forced on employees. Let's just say the employees could vote to decide what the big dog gets. Would they vote to give him 30M USD worth of stock?
I don't think you understand how stocks work.
These are likely RSUs, which essentially have a zero strike price. Many many employees at Sprint have them including the CEO. Of course, CEO has many more.
http://www.investopedia.com/terms/r/restricted-stock-unit.asp
Unfortunately, all that information comes from the mandatory SEC filings Sprint is required by law to provide. As of this exact instant, he's got 10Million shares (valued today at $33.6 Million) for a cost of $0. Those are his "Thank You" for doing such a good job shares. So next time he says something like how hard it is to be laying people off and all that, you know he's really thinking "I don't care, it doesn't affect me.... I've got my money."
Yahoo probably made a mistake