FJ: "And Kevin has every right to take some money off the table. You don't know what that money is being used for because it is none of our business. So zip it zippy...or not, whatever."

To be clear, its never about what management is doing with their money, its about when they are taking it off the table that matters; timing is everything. Management have a responsibility to look after shareholders as well as themselves. Poor timing on sales could lead to share price depreciation when we can least afford it, which affects all of us, some much more than others. I believe it is a legitimate concern and a burden management bears as part of their job.

In this case, I have no doubt these issues were discussed by management before TM approved KB's recent exercise/sale of shares. Presumably, they felt such a small amount should have neglible market response one way or another. Of course, there's always the risk the market doesn't react as they hope or predict...

And, who's Zippy and why zip it?