22nd Century Group Inc (XXII)

[linuspop]

Yeah, the Form 4 is a non-event, as it was part of a trading plan, probably set up years ago. Moynihan has @ 1M shares left plus hundreds of thousands of options, so he has plenty of skin in the game.

'Rule 10b5-1' A rule established by the Securities Exchange Commission (SEC) that allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own. Rule 10b5-1 allows major holders to sell a predetermined number of shares at a predetermined time."