IMO..... it's not a good look for either himself as the Co's Chairperson nor the Co's general financial / investor profile .If I had dollar for every announcement about CEO's and directors selling a minuscule amount of their shares to help cover tax obligations I'd be well off. If I also had a dollar for every time a naïve poster going off about it, how it's a bad look etc I'd be super rich. You don't know his financial position.
But you answered your own question when stating -
He's paid $112k, plus the equivalent of $1.374mill USD in share payments.
He has to pay tax on both. The tax on the $1.374mill USD in share payments is higher than what he is paid.
As we all know on the 3/11/23 (only some 3 days ago) he sold some 65,000 shares @.17c = $11,050.00 . I tend to be somewhat concerned as to why did he sell at this rather specific point in time and not wait for that supposed big announcement as is continually being alluded to by some of the 1,000 eyes to come through, which would / should drive up our share price to say even the $1.00 range mark which would have then given him at least a substantial $65,000.00 outcome / return rather than just a ~ $11,050.00 figure that he received.
IMO,.... there may just be a possibility of nothing coming up in the IP pipeline within the very near future as we have all been hoping for well before this Xmas or the next AGM.
No wonder SH & TD are here doing Investor Presentations !!!