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From the article: > None of the filings lists the transactions as being part of 10b5-1 pre-scheduled trading plans.

• loeg 9y ago
  That doesn't answer the question. We all read that the trades were not planned in advance. The question is, is that by definition illegal? Or were the trades only illegal because they had insider knowledge that the price was about to drop?
  • khuey 9y ago
    If they had access to material non-public information and then decided to trade it would be illegal. Trades that are not planned in advance are not illegal in and of themselves.
    • loeg 9y ago
      Do you think executives ever do not have access to material non-public information?