scottywh@lemmy.world to News@lemmy.world · 8 months agoReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square48fedilinkarrow-up17arrow-down10
arrow-up17arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comscottywh@lemmy.world to News@lemmy.world · 8 months agomessage-square48fedilink
minus-squarezerog_bandit@lemmy.worldlinkfedilinkarrow-up0arrow-down1·8 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.