Presuming Geoff has converted all his vested options in advance to take advantage of any potential dividend. Must have cost $85k to exercise, and I think if he wanted to hedge his bets, he'd be selling some to cover that cost, but no suggestion of that happening.
Maybe a few just got spooked and decided not to take the risk of sitting in for the result. Most holders have had a good run. Personally sold some a few days ago as my position got bigger than I was comfortable with in my little portfolio and always simplest to sell into good liquidity.
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