On May 31 a company's stock price is $70. One million shares are outstanding. An executive exercises

Question:

On May 31 a company's stock price is $70. One million shares are outstanding. An executive exercises 100,000 stock options with a of $50. What is the impact of this on the stock price?
Strike Price
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity.