All - I asked RM about this and his sales in February. Marc O was a tax issue that he needed to pay and he discussed this sale a long time ago with the Board. They tried to time his sale in between financing and earnings and what not so as to keep things stable. At first it looked like he tok it in the shorts to help keep KRY stable, but now it looks pretty good.
RM's was an atomatic margin call sale that he did not ask....it just kicked in when the PPS went below $2.
Neither of these guys sold because of a belief that what happened would happen....at leas that is what they say and I believe them.
Reporting this sale is probably one reason the PPS went further down.