NorthWest Biotherapeutics Inc (NWBO)

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Google Gemini:

Yes, an independent director can often own shares of the company they are appointed to but there are limitations. Here's a breakdown of what to consider:

General Rule: Owning shares doesn't automatically disqualify someone as an independent director.

Standards for Independence: Several sources determine independence, including:

Stock exchange listing requirements (NYSE, NASDAQ)
Securities and Exchange Commission (SEC) regulations
Proxy advisory firms
State of incorporation laws (often Delaware)
Focus on Avoiding Conflicts: The key is to avoid situations where share ownership could influence decisions or create a conflict of interest.

Ownership Levels: Some companies may have stock ownership guidelines for independent directors. These might require them to own a minimum amount of stock within a certain timeframe.

Disclosure: Regardless of the amount, independent directors must disclose their share ownership.