I believe the rule is that you must have an official purchase plan in place to continue buying. I'm no expert, and others have alluded to "establishing a pattern of buying" and having that be a de facto plan, but I'm not sure that this is an accurate representation of a legitimate way to continue insider buying through a material event. If my understanding is correct, Mann would have to stop buying due to a material event since Collier was clear that no official purchase plan is in place. However, the company has about four business days (again, in my understanding) to PR a material event. Compare that to the timing of the Form 4's we've seen filed for months, and...
You're not going to have a definitive stop in his buying before a PR. So the entire issue is sort of moot, except for the fact that Mann continues to buy, and apparently with his own money while deferring a salary. On the surface, that appears to be a good thing, and one of the reasons I remain here.
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