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Re: thegoodnessparadox post# 222333

Tuesday, 06/11/2024 7:17:18 PM

Tuesday, June 11, 2024 7:17:18 PM

Post# of 222487
Yes, under certain regulations, employees of a private equity firm may need to file as a group with their employer. If they collectively acquire over 5% of a company’s shares, they might be considered a "group" and must file a Schedule 13D with the SEC, disclosing their combined ownership and intentions. Private equity firms often have policies to ensure compliance with these rules, requiring employees to disclose their holdings to facilitate proper filings. Recent updates to trading rules may also impact these requirements.

Now, how this might relate to this dead junk, you got me there.