by landhag69
Hooooooly hell was it a good month to have a stock option compensation plan at good ol’ Alpha Pro-Tech. The CEO sold 455,667 shares (all but 1,000 beneficially owned) on 2/28 at a price of $34.49 for a total of $15,715,954.83! This guy is going to outdo Fortune 500 CEOs this year and he runs a fucking microcap.
Even the lower-level directors made out like bandits with everybody exercising ALL their options with strikes between $1.90-$3.90 and selling it all near the all-time bubble high. Even investor relations lady (edit: widow of the founder) pulled millions.
Seriously considering sending in my fucking resume. The puts I got while it was at $38 are printing, but goddamn. You could nearly outperform the market just holding this stock during sane times and selling for +1250% when a pandemic or scare pops it once every 10 years.
If anyone is still long this thing, get out while the getting’s good.
Check out the form 4’s for yourself here.
Edit: for those who haven’t been following along, this stock was trading at $3.20 three months ago and has spiked with every major virus before crashing back down.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.