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  "documentTitle": "WD-40 Company (WDFC)",
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  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-02 00:00:00",
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      "text": "Post financial crisis, share repurchases have intensified to unprecedented levels. Meanwhile, insider stock ownership has plummeted. As a result, insiders have almost nothing at risk and limited alignment with shareholders",
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      "text": "WD-40 Company Stock Repurchases",
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      "text": "Insider Ownership: 1.9%",
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      "text": "Post financial crisis, share repurchases have intensified to unprecedented levels. Meanwhile, insider stock ownership has plummeted. As a result, insiders have almost nothing at risk and limited alignment with shareholders",
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      "text": "Source: Company proxy and financial statements",
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      "text": "Total Insider Ownership (mm of shares) 1.3 1.3 1.6 0.5 0.3 0.2 % of Total 16.7% 8.2% 9.1% 3.6% 2.1% 1.9% CEO Ridge Ownership 3,392 71,003 182,155 83,958 89,715 94,392",
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      "text": "Insiders Have Limited Alignment And Sell Stock While The Company Buys It",
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