scottywh@lemmy.world to News@lemmy.world · 9 months agoReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square41fedilinkarrow-up19arrow-down10cross-posted to: [email protected]
arrow-up19arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comscottywh@lemmy.world to News@lemmy.world · 9 months agomessage-square41fedilinkcross-posted to: [email protected]
minus-squarezerog_bandit@lemmy.worldlinkfedilinkarrow-up0arrow-down1·9 months agoYes. Insiders with that high a fraction of ownership exercise the ability to sell shares at a predetermined percentage value of a full priced share. Usually pegged to the closing price at the beginning or end of a quarter, whichever is lower.
Yes. Insiders with that high a fraction of ownership exercise the ability to sell shares at a predetermined percentage value of a full priced share. Usually pegged to the closing price at the beginning or end of a quarter, whichever is lower.