4 ms·
How much in advance do the intel managers have to register a stock sell?
by static_noise 9y ago
How much in advance do the intel managers have to register a stock sell?
- PuffinBlue 9y agoFor his sake, I hope longer than 6 months!
- chc 9y agoYou mean without getting whomped for insider trading? I don't think they're allowed to do it in advance at all.
- static_noise 9y agoAs far as I know they HAVE to register a trade in advance. I.E. three months ahead: "I will sell 600 shares on 15th of December if the share price is above 50". This information is public and other people can use this information before the trade actually happens.
- eindiran 9y agoIt looks like he registered for the trade in October, well after Intel was made aware of the issue.
- YurtleTheTurtle 9y agoNote that's not a legal requirement. That's just a policy many companies have to lower the risk of insider trading.
- taurath 9y agoThe CEO dropped his stock holdings down to the minimum allowed by their board bylaws in December. https://www.fool.com/investing/2017/12/19/intels-ceo-just-sold-a-lot-of-stock.aspx https://www.fool.com/investing/2017/12/19/intels-ceo-just-so...