It will have atleast be > than zero, and doing it every year instead of giving it away to some overpriced CEO will it will accumulate.
His pay was 0.39% of the loss. Still a drop in the ocean imho.
Should he have been paid less ? Or more? I don’t know.
But what I do know is when people get upset at stock buybacks or CEO pay, the act like if the company didn’t do these things the company would be drastically different.