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Insiders can file 10b5-1 plans - committing to a sales plan in advance. "These plans are widely used by officers and directors of public companies to sell stoc
by jhulla 11y ago
Insiders can file 10b5-1 plans - committing to a sales plan in advance.
"These plans are widely used by officers and directors of public companies to sell stock according to the parameters of the affirmative defense to illegal insider trading available under Rule 10b5-1, which was adopted by the SEC in 2000."
http://corpgov.law.harvard.edu/2013/02/05/rule-10b5-1-plans-what-you-need-to-know/ http://corpgov.law.harvard.edu/2013/02/05/rule-10b5-1-plans-...