Replies to post #175440 on Biotech Values

[DewDiligence]

How uncommon is it for insiders to hedge after conversion? And is it always disclosed?

An insider’s hedging a position in the company stock is tantamount to a sale, and hence the failure to disclose such a hedge would be a serious ethics violation.

This kind of hedging was once common, but it rarely if ever happens anymore, as far as I know.