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Why would Apple allow senior executives to do any AAPL stock sales outside of a 10b5-1 plan? Why would a senior executive ever sell company stock outside a 10b5
by RcouF1uZ4gsC 8y ago
Why would Apple allow senior executives to do any AAPL stock sales outside of a 10b5-1 plan? Why would a senior executive ever sell company stock outside a 10b5-1 plan? That just seems like asking for trouble. The safe thing to do once you reach a certain level is to do all stock sales of company stock through 10b5-1. Anything else is just stupidly opening yourself up to charges of insider trading.
- Gibbon1 8y agoI wonder if it's born of habit. People a lot lower down the corporate ladder very often have access to insider information. Either directly or indirectly. When those people trade on insider info it's hard to prove/not worth going after.
- fipple 8y agoThis isn’t an Apple “senior executive” exactly. Probably not one of the top 100 guys.