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Re: BigBadWolf post# 45403

Wednesday, 12/01/2021 4:01:46 PM

Wednesday, December 01, 2021 4:01:46 PM

Post# of 64564

Insiders can (and do) buy and sell stock in their own company legally all of the time; their trading is restricted and deemed illegal only at certain times and under certain conditions. A common misconception is that only directors and upper management can be convicted of insider trading.



for Insiders to sell

Rule 10b5-1 allows company insiders to set up a predetermined plan to sell company stocks in accordance with insider trading laws. The price, amount, and sales dates must be specified in advance and determined by a formula or metrics.



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