Mexus Gold US (MXSG)

[T-Hawk]

Yes, technically CEO's can sell anytime they want to with two conditions.

1. They must report their share sales to the SEC via a Form 4 within 2 business days of the transaction. PT has routinely exceeded that deadline in his reporting. (In fairness, this isn't totally uncommon and won't necessarily call down the thunder from the SEC, but still viewed as extremely unprofessional by investors).

2. Usually mass amounts of selling and/or buying by a CEO shouldn't occur before big events are announced. The Securities and Exchange Commission doesn't prohibit executives from stock transactions ahead of earnings or major announcements as long as the transactions are registered properly. But many companies self-impose a black-out period for executives prior to earnings releases or announcements of other significant events.

Can a CEO just sell anytime they want to ?