NorthWest Biotherapeutics Inc (NWBO)

[anders2211]

I don't think it is related to personal dealing or financial planning. The maneuver does keep Linda and Les below 5% for proxy purposes, but it does not change their requirement for SEC ownership filings since both are nwbo officers

I think its tax-related, at least in Europe it would be.
5% ownership pushes the owner in another tax bracket, not in the US?

Imagine them having to pay tax over potential give or take $50 million that they can not actually financially "enjoy".