Nobody held anything..... They were accepted into the Edgar system on 1/8, shortly after 5PM Eastern. 20 minutes later and they would've been considered to be filed tomorrow. In fact, he could've filed the 1/7 purchases after the close tomorrow if he wanted to. http://www.sec.gov/Archives/edgar/data/1201251/000101359410000014/0001013594-10-000014-index.htm