Alto Ingredients Inc (ALTO)

[Dutch1]

Yes, Rule 10b5-1 does establish rules that let officers and directors of publicly-traded companies decide whether to buy or sell the stock of their own companies.

So you finally agree that to buy or sell based on inside information that is only available to the buyer on seller is illegal, even if it is a CEO. That's why they've made Rule 10b5-1 to avoid so.

So they didn't have access to information that you and I have not when they acquired the shares. They may have faith, but it isn't based on facts that aren't available to the public.

But....you still didn't see that is was probably all part of the stock Stock Incentive Plan.

Did you read this post by Forlix?
Did you read the 10K/a?

Did you see the the dates that they acquire stock is usually around the same period? And that all board members usually acquire their stock together? Tell me, how did those previous purchases relate to the results? Did PEIX move up after NK acquired 138.888 shares on June 14th 2018? Earnings where due on Agust 8th. PEIX closed that date at $2.65 and closed the next day at $2.35.

So far for a buying signal!

Since you are unable to find it yourself, I help you out: You can read about the Stock Incentive Plan in the DEF 14A