Executive compensation at Conduril

I think the graph below is self-explanatory. Note that the share count has remained constant throughout this whole period: insider ownership isn’t growing because of free options.

Executive compensation at Conduril

Disclosure

Author is long Conduril

6 thoughts on “Executive compensation at Conduril

  1. Pepe

    Hi,

    Could you please explain a little bit more your post?? I’m not sure I’m understanding what you’re meaning by free options in this case.

    Thank you in advance for your response and congrats for your excelent blog!

    Kind regards

    Reply
    1. Alpha Vulture Post author

      You see in the graph above that insider ownership is growing. That could be because they receive options as part of their compensation (diluting existing shareholders as a result) or because they are buying more shares from their own money. The latter is preferable of course, and that is what happening here.

      Reply
  2. AJ

    What do you mean? Looks to me like insider ownership has been stagnant for 4-5 years.
    It grew in 2008 by 67%. It’s not “growing”.

    Reply

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