"At the same time before Ajit arrived on the scene, PC was viewed by many as great and "all about shareholder value," which as I'm sure many realize by now is one of the most meaningless platitudes thrown around by corporate politicians"

PC may still be "all about shareholder value". If it's true what we think here that he has been doing, selling his cheap option shares at a good profit to raise funds to buy more cheap options then i would say he's still very interested in share value and shareholder value as he would now be a very significant shareholder himself. That would be much better than PC selling shares from his cheap options and making a run for it with the profits. If that was the case I would think we all have a lot to be concerned about.