Do Executives Have Some Skin in the Game? That is, do they have substantial holdings of company stock, or do they tend to sell shares right after they exercise options? As a shareholder, I want management to have meaningful equity in the company. After all, selling shares in the name of “diversification” means not being exposed if the company goes downhill. Generally, I’m happier owning companies where executives own stock right alongside me because large unexercised option positions are cold comfort.

