Found at fnance.yahoo.com: 1:26PM Yahoo! co-founder Jerry Yang establishes 10b5-1 Plan (YHOO) 30.79 +0.23: According to today's 8-K, co-founder Jerry Yang has established a Rule 10b5-1 plan for the trading of YHOO stock. Under the plan, Yang transferred 8 mln shares of YHOO to a "blind trust," which has complete discretion to trade the stock within a 12-month period. This plan was established in May 25, 2004, during the current trading window.
Wow, is that actually gonna be allowed? I mean how much more obvious can it be that he plans to trade ahead of annoucements.