Tuesday, August 13, 2019 3:18:13 PM
I'll defer your question to 1Manband, Janice, Integral, and other experts.
But I'll take a poke at your question until corrected by the 'sperts,
To my knowledge CEO's and companies that are not registered with the SEC can only allot shares to Accredited Investors (a.k.a. loan sharks) and Private Placement holders for money; then the A.I.'s and P.P. holders sell those shares into the market at varying discounts when holding restrictions have expired. Of course, that hasn't stopped CEO's of companies not registered with the SEC from selling their shares by nefarious tactics.
CEO's and other principals/insiders of companies that are SEC Registrants must file an Initial Holding Form 3, additional holdings or dispositions by Form 4, and an annualized Form 5 summarizing any increased holdings or disposition of holdings. Those CEO's can sell directly into the market.
But I'll take a poke at your question until corrected by the 'sperts,
To my knowledge CEO's and companies that are not registered with the SEC can only allot shares to Accredited Investors (a.k.a. loan sharks) and Private Placement holders for money; then the A.I.'s and P.P. holders sell those shares into the market at varying discounts when holding restrictions have expired. Of course, that hasn't stopped CEO's of companies not registered with the SEC from selling their shares by nefarious tactics.
CEO's and other principals/insiders of companies that are SEC Registrants must file an Initial Holding Form 3, additional holdings or dispositions by Form 4, and an annualized Form 5 summarizing any increased holdings or disposition of holdings. Those CEO's can sell directly into the market.
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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