4 ms·
1. Whether INTC soared after he sold his stock is irrelevant to the issue of insider trading 2. Agree, the article doesn't seem to dig deeper into the logic be
by fermienrico 9y ago
1. Whether INTC soared after he sold his stock is irrelevant to the issue of insider trading
2. Agree, the article doesn't seem to dig deeper into the logic behind his sale. Not sure if I see the relation between the date of disclosure to OEM partners and selling the stock on the same day. He had scheduled the stock sale: Initial amount and sale date was pre-defined in Jan 2017, followed by the change in the amount of stocks to sell (but not the date) in Oct 2017.
3. Even if he had scheduled the stock sale on Nov 29 after setting the OEM disclosure date on Nov 29; I am not sure if I see the benefit of selling the stock on the same day. Disclosure to the OEMs was not made publicly. May be perhaps he would have been concerned with a leak plunging the stock?