8 ms·
Does he not have a 10b5-1 plan? If not that seems insane for someone at this level.
by DannyBee 2y ago
Does he not have a 10b5-1 plan?
If not that seems insane for someone at this level.
- verdverm 2y ago> Unlike previous stock sales by Tesla insiders, however, these were not the result of a Rule 10b5-1 trading plan, which removes discretion over timing from an insider and hands them to a third-party broker.
- nkurz 2y agoAccording to the complaint, he used 10b5-1 plans for previous sales but not for this one: "100. Musk previously disclosed his planned sales of Tesla stock via the execution of 10b-5-1 plans but admitted that he had no 10b5-1 plan for the November and December 2022 sales." https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rvS0T5sG1G4A/v0 https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rvS0T5sG...
- DannyBee 2y agoman that's just dumb