Replies to post #19009 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[Joefyffe]

In this case, the Form 4 was used to show insider trading...Company board officer's Sold shares and the Form 4 documents the sell of shares to publicly notify traders. It is also used for shares acquired by insider traders and for any trader acquiring 10 or more percent of the O/S, as well.


https://www.investopedia.com/terms/f/form4.asp

[DR. EVIL]

It means they’re deluding their shares into the market because they know they’re about to become worthless