It may be correct, but is it awkward?

Before

This year we are continuing to take advantage of the Securities and Exchange Commission rule that allows us to furnish our proxy materials over the Internet to our stockholders rather than in paper form.

Mr. Smith’s package will use less equity because he already has significant stockholdings.

Before, with commentary

This year we are continuing to take advantage of [when you take advantage of something, it looks like you are doing something underhanded] the Securities and Exchange Commission rule that allows us to furnish our proxy materials over the Internet to our stockholders rather than in paper form.

Mr. Smith’s package [do I need to explain what the problem is here?] will use less equity because he already has significant stockholdings.

After

This year we are once again relying on the Securities and Exchange Commission rule that allows us to furnish our proxy materials to stockholders over the Internet rather than in paper form.

We expect to rely less on equity awards for Mr. Smith’s compensation because he already has significant stockholdings.