Part 5/8:
Understanding the mechanics of stock options is essential to comprehend the motivations behind sales. Stock options are typically granted with a vesting period, which can last several years, during which recipients cannot exercise their options. After this period, board members can exercise their options at their discretion over an extended exercise period. Robin’s approach of waiting until the end of her exercise period before selling her shares reinforces her strategic planning and thoughtful approach to both her financial situation and Tesla's.