Equity Committee members are restricted.
They become aware of 'insider information'.
Therefore, joining the EC means you cannot add to, nor sell your securities relating to WMI.
If you should choose to leave the EC, you are still bound by the same restrictions until such time as the information you had becomes public knowledge, or time passes as to make it irrelevant.
This is the basis of "insider trading" -- to trade with proprietary information, and is illegal.
So, yes, MW still has those shares.
...Catz
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