Insider trading question

Discussion in 'Stocks' started by Insurinator, Feb 13, 2010.

  1. I saw some openly available info on Friday, 2/12 that showed a couple insiders sold shares on Tuesday 2/16.

    How does this make sense, seeing as it is not actually 2/16 yet and I saw this on 2/12... I am wondering does this is normal and does it occur occasionally?

    Maybe it's just a mix up of information?
  2. Why don't you read up on 10b5-1 plans.

    Planned insider selling is nothing special.
  3. Thanks for the info. Without reading anything, one more thing...

    Are these insiders obligated to sell/buy the shares on that date if it is already "planned"?
  4. No, they go back with whiteout and change the strike price :)
  5. If it's a "plan", it's just that... a plan.

    So I'll assume they are obligated to sell/but the shares on the future date....