Yes it may go down a bit on news of this. Which is a bit unfair, if its for a divorce or something that can't be avoided what do you do? A least he's a garden variety exec director not Chairman, CFO MD etc.
Its a pity in these situations because life throws up some crap to all of us, separations, accidents, serious family illnesses, all give a legit reason to need cash quickly. And they are all only the business of the person they are happening to. So the market will react the way it does.
If I had cash I would buy into this stock on any dip. I will have in a month or so, will see where its at then. I don't expect it to stay at these low levels until then though...
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