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Re: PoorTrader500 post# 23405

Friday, 01/17/2020 1:21:34 PM

Friday, January 17, 2020 1:21:34 PM

Post# of 30475
Wrong again. SEC Form 4 has to be filed with the SEC) any time there is a material change in the holdings of company insiders. Insiders are directors, officers, or any shareholders who own 5% or more of the company's outstanding stock. It has to be filed within two business days starting from the end of the day the material transaction occurred.

Public companies do not wait until they file their annual report to disclose insider transactions.
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