SEC Adopts Amendments to Rule 10b5-1 Insider Trading Plans

POSTED ON January 14, 2023 BY Bill Dillhoefer

Rule 10b5-1 trading plans are prearranged plans for selling and/or buying company stock under SEC rules. This provides an affirmative defense against charges of insider trading if the employee trades stock while they possess Material Nonpublic Information (MNPI). Many companies now either require or strongly encourage their executives and key employees to set up 10b5-1 […]