Perhaps, they are ethical.
Maybe they read one of BRK.A's Shareholder statements.
Maybe, they just like the company. ;-)
InsiderName Rel # of Trans Trans Trans Total Input
Shares Type Date(s) Price(s) Holdings Date
ROBISON, S PR 50,000 B 07/26/99 10.69 52,176 08/11/99
BINGHAM, H. PR 50,000 B 07/23/99 10.81 52,575 08/11/99
In any case,they each came up with 0.5M to make their purchase.
And they've had a history of exercising options then selling presumably to pay for the options exercise and related taxes on the sale.
This seems to be the first, non-option related buy during the past 2 years.
Given that Bingham is the CFO, I'll trust that he knows more about CDN than I'll ever find out. But if I was really paranoid, I could suspect him of conspiring to cheat me out of my $10/share. :-)
Ian.
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