Q: Press release from last week:
American Hotel Income Properties REIT LP ("AHIP", the "Company") (TSX: HOT.UN, HOT.U, and HOT.DB.U) discloses that Rob O'Neill, CEO, purchased 5,000 additional units today, through open market purchases.
Since January 1, 2018, Mr. O'Neill has acquired 163,398 additional units of AHIP, including 15,498 units provided as part of his agreement with the Company to take 100% of his 2018 compensation in the form of equity.
Seems to me a CEO taking 100% of his 2018 compensation in equity is a great sign and bullish for the stock. Do you agree? Also, how common is this for a CEO to be 100% compensated in equity?
American Hotel Income Properties REIT LP ("AHIP", the "Company") (TSX: HOT.UN, HOT.U, and HOT.DB.U) discloses that Rob O'Neill, CEO, purchased 5,000 additional units today, through open market purchases.
Since January 1, 2018, Mr. O'Neill has acquired 163,398 additional units of AHIP, including 15,498 units provided as part of his agreement with the Company to take 100% of his 2018 compensation in the form of equity.
Seems to me a CEO taking 100% of his 2018 compensation in equity is a great sign and bullish for the stock. Do you agree? Also, how common is this for a CEO to be 100% compensated in equity?