Could COOP have big announcement Monday, Sept 13?
If Jay Bray can start selling stock Sept 24 and we are expecting a "material non public information" release before then, and Mr Cooper Group is presenting at Barclay's conference Tuesday, Sept 13th, then it makes me wonder if there will be a press release this Monday? It doesn't make sense that Mr Cooper Group would present to Barclays, outdated information, then a couple of days later, release the "MNPI." If I was Barclays, I would be upset... So makes me wonder if Monday could be a big day?
Just wondering out loud.
ND9
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Item 8.01 Other Information.
The Company disclosed that on August 23, 2021, Jay Bray, Chairman and Chief Executive Officer, entered into a pre-arranged stock trading plan (the “10b5-1 Plan”) with a brokerage firm to sell up to a maximum of 120,000 shares of the Company’s common stock (“Common Stock”) between September 23, 2021 and September 23, 2022 in order to diversify his investment holdings. The maximum number of shares that could be sold over the twelve-month period represents approximately 10% of Mr. Bray’s current ownership of Common Stock.
The 10b5-1 Plan was designed to comply with the Company’s insider trading policies and the guidelines specified in Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended, which permit an officer or director to enter into a pre-arranged plan for buying or selling Company stock at a time when the officer or director is not in possession of material, nonpublic information about the Company. All sales of Common Stock under the 10b5-1 Plan will be disclosed publicly in accordance with applicable securities laws, rules, and regulations through appropriate filings with the U.S. Securities and Exchange Commission.
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference
Sep 9, 2021
DALLAS--(BUSINESS WIRE)--Sep 9, 2021--
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, Chris Marshall, Vice Chairman, President and Chief Financial Officer, and Jaime Gow, Deputy Chief Financial Officer, are scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 14, 2021 at 2:00 P.M. Eastern Time as part of a fireside chat.
