Maybe it is also a good lesson never to (1) sell 5 cent lottery tickets and (2) cover short options at 4 cents whenever you get the chance.
I think they HAVE to sell them. Otherwise there would be no market. If they try to pump up the offer too much , then they have to move the bid up as well, so the MM's are stuck when insiders trade.
+++++++++++++ Wouldnt know if Market makers got stuck; most are diversified, & have practical unlimited capital. If that option buyer is a gardener for a ONE board member , might be a long cold winter. If its Carl Ichan we vote the SEC rightly tells him ''good job'' & average that in with ; oops a huge loss-TWA JCP Kodak, like Fortune mag-1/12/2004 Nabisco Group Holdings ...