### Comment:
He wasn't receiving performance-linked pay. He was just an activist investor, and the whole Herbalife deal was just to spite Ackman, another fund manager. I'm looking for examples management creating a buyback to drive share price up and get their bonuses

### REPLY:
Here is some data from the SEC that shows insider selling increased during the time immediately after buybacks. 
  
 https://www.sec.gov/news/speech/speech-jackson-061118

### END.