How could a senior executive of a company sell any of that company’s stock without it being insider trading?
In: Economics
There are blackout dates when company employees cannot sell, like weeks leading up to earnings release, when a merger or acquisition is in the works, when material info like a lawsuit settlement or regulatory ruling are known but not yet publicly announced.
Also, many senior execs set up automated trading orders, say selling 1000 shares on the Friday after earning release every quarter, which make it easier to show them at the trade wasn’t tied to any sort of inside knowledge.
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