Massive Backdoor Compensation at CVS Health ($CVS)

Erik Kobayashi-Solomon

April 1, 2017

A SeekingAlpha reader, Bob, sent me a note regarding a video I had done some time ago called Three Ways Buybacks Hurt Investors. This video talks about how we estimate the amount of “backdoor” compensation a company is paying out to its executives and employees by issuing them stock options and Restricted Stock Units (RSUs). …

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