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Re: Shinook99 post# 164545

Tuesday, 06/30/2020 7:57:37 AM

Tuesday, June 30, 2020 7:57:37 AM

Post# of 186029
I’m not sure how that works. Maybe he files the Form 4 when he has completed his transaction? If his transaction takes a week to complete, then maybe it gets filed when he is done?

Kinda like when Buffett announced he had sold his airline stocks. He had over 10% of the float of Delta, for example. He didn’t sell all that in one day. It took weeks. Only after he was done selling were the Form 4’s filed and the Press Release of him making that announcement.

When AG sold 23,000,000 he did that in about 2 days. Then filed.

If he is currently in the process of selling almost 500,000,000 shares, that’s going to take some time. And maybe he only has to file when the transaction is complete. That makes sense to me. Otherwise, he should have to file one every day he sells a small chunk? He shouldn’t have to tip everyone off that he is selling.

I’m suggesting the Form 4 comes when he is done with his intended transaction.