3 ms·
My immediate family can't trade Amazon stock even though I am just some random employee in this behemoth. It's relatively minor, but it's still legal repercuss
by PartiallyTyped 3y ago
My immediate family can't trade Amazon stock even though I am just some random employee in this behemoth.
It's relatively minor, but it's still legal repercussions.
- mikestew 3y ago...though I am just some random employee in this behemoth. I'm skeptical of "just some random employee", or a ban on immediate family trading AMZN. Because it's the first I've heard of this for an SDE that doesn't work in finance for Amazon, and I know plenty of folks that work at Amazon and trading AMZN has come up. I'm not saying you're wrong, but I'd sure double-check on that because it doesn't match my experience with other large companies (for instance, there was a time when my spouse worked in Microsoft finance, and I had to have my MSFT trades approved or something, but not banned from trading).
- PartiallyTyped 3y agoI read it on my contract, but I may be forgetting something. It is possible that this is org wide.
- ghaff 3y agoTrading windows are pretty normal but, if there's RSU comp, they have to be able to trade AMZN even if it's just pre-scheduled/approved.