Interesting, but my guess is something else happened. Since he bought the shares at a fixed price, I assume they came directly from the company itself (how can you buy at a fixed price on a competitive market?). Since he was allowed to do this, I assume those shares were never for sale on the market, so they couldn't impact the price.
This is all guesswork though. Anyone here more knowledgeable that can jump in?
This is all guesswork though. Anyone here more knowledgeable that can jump in?