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Am I correctly interpreting this to means that I will only have to disclose the details of my compensation if it involves the sale of more than $10million in stock? This seems odd since, in a publicly traded company, it is already normal for executives to disclose compensation even well below the existing threshold of $5million.

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The ones under $5m were probably disclosed becasue of their position more than their comp level: "The federal securities laws require clear, concise and understandable disclosure about compensation paid to CEOs, CFOs and certain other high-ranking executive officers of public companies." - http://edgar.sec.gov/answers/execomp.htm

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