Since its IPO in 2010, Scorpio Tankers (STNG) has awarded its management team with generous stock grands on an annual basis, to align their interests with that of shareholders.
However, STNG top executives have been active sellers of their share awards as they become vested, in effect negating the company's policy.
The number of fully vested or "free" shares owned by each of the two top STNG executives is lower today than it was five years ago.
However, STNG top executives have been active sellers of their share awards as they become vested, in effect negating the company's policy.
The number of fully vested or "free" shares owned by each of the two top STNG executives is lower today than it was five years ago.
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