http://finance.yahoo.com/q/it?s=ARTG

Coupled with the fact that management seems to own less than 2% of the shares it would seem to demonstrate a lack of faith especially when these are free shares. Add to that not a single open market buy by any officer or Director and more questions come to mind.

Yes there are often personal reasons why an insider needs to sell some shares but all of them and virtually each recepient?