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Re: georgebailey post# 681189

Monday, 03/25/2024 1:37:55 PM

Monday, March 25, 2024 1:37:55 PM

Post# of 822117
In most companies there are limited time periods when executives can purchase on the open market because of the inside information they're privy to, it's one of the reasons they get stock options, but there are times they can buy or sell. After retirement he should be free to trade as he wishes, but frankly I'm uncertain if he must report his transactions for a certain period of time because he was a corporate officer.

We're now at T-57, based on the UK reporting approvals twice a month the next time they should report is around day T-50. While a decision from them this early is doubtful, but not impossible. By day T-35, roughly the next time they report I believe the odds are near even that we have a decision. The trading today may be an indication that investors are starting to think about approval coming.

Gary
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