3 ms·
here are the sells http://google.brand.edgar-online.com/?sym=EFX http://google.brand.edgar-online.com/?sym=EFX All of the guys in question all own 40,000 more
by ringaroundthetx 9y ago
here are the sells
http://google.brand.edgar-online.com/?sym=EFX http://google.brand.edgar-online.com/?sym=EFX
All of the guys in question all own 40,000 more shares than the few thousand they sold. Doesn't mean they weren't insider trading or avoiding losses, its a good defense though.
Selling outside of a predefined schedule is always at risk of some scrutiny, because they always have inside information.
Given the size of these sells, they probably need it to cover a margin call, since its common for people to borrow against their shares. Would suck if thats what it was because its damning for civil and criminal liability and would have been likely necessary for their solvency.
Enjoy