NO Updated guidance was given,   I am trying to understand the...

NO Updated guidance was given,   I am trying to understand the reason for the higher price paid by the CEO for the 1million shares.

If the other founder would have tried to sell the one million shares on the market with such low liquidity the SP would have drifted much much  lower 

and the CEO could have bought shares on market for far less.

IMO one reason why would such transaction would have occurred between the founders could be based on next years estimated earnings

so the priced agreed between them may have reflected the perhaps brighter future       only my assumption as a shareholder