scottywh@lemmy.world to News@lemmy.world · 9 months agoReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square170fedilinkarrow-up1633arrow-down115cross-posted to: reddit@lemmy.worldreddit@lemmy.ml
arrow-up1618arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comscottywh@lemmy.world to News@lemmy.world · 9 months agomessage-square170fedilinkcross-posted to: reddit@lemmy.worldreddit@lemmy.ml
minus-squarezerog_bandit@lemmy.worldlinkfedilinkarrow-up21arrow-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.