Companies routinely have blackout periods where employees are not allowed to sell their shares. Typically the shares from equity grants or ESPP are done by a br

Companies routinely have blackout periods where employees are not allowed to sell their shares. Typically the shares from equity grants or ESPP are done by a brokerage and they can block those shares from being sold during these blackout periods. However, when someone leaves the company, they can transfer those shares out to their e-trade account or whatnot. I've done that before and it only takes a few days. After that you aren't beholden to stock blackout periods, unless you have Material Non-Public Information, which means you will probably have to figure out if you can sell without being considered insider trading.