arrrrr

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arrrrr
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  • Tim Cook sells 40k Apple shares worth nearly $5M

    arrrrrarrrrr
    randominternetperson said:
    This is a casual legal question and not an accusation:  How DOES an executive avoid charges of insider trading in a situation like this?  How big does a trade have to be before questions are raised?  Presumably buying shares TODAY is fine because (in theory) we're all on the same page with yesterday's disclosures, but YESTERDAY Tim knew more about Apple than any other investor and he was trading.  Again, I don't think Tim did anything wrong (and the dollar amounts are, for him, relatively trivial), but it seems like a very, very grey area.
    there is a minimum amount of time they must hold them, and they must submit the sales way in advance with the SEC. he obviously put the orders in to sell LONG LONG LONG before the earnings call in order to get regulatory approval  😂
    netmagestardustag