Insiders Get Do-Overs
from the not-really-fair,-is-it? dept
A good article in the Red Herring complaining about companies repricing stock options and other questionable stock practices with its executives. I've always complained about the concept of repricing options. I understand why companies do it, but the whole point of stock options is to incentivize employees to help make the stock go up in value. If the company is just going to reprice it, then where's the incentive? More importantly, as the article points out, the regular investors who bought the stock out in the market don't have any right to reprice their stock purchases. It's as if insiders get to call a "do over" and get a better deal.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
Well
MB
[ link to this | view in chronology ]