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To: Vermont Lt

For a publicly traded company, any insider (officers and board members) are REQUIRED by the SEC to report sales of their own company’s stock. Rationale being that: “Large sales by insiders can be an early warning of financial or business difficulties by the Registrant.” (SEC Training material)

If you were the CEO of MSFT and needed cash, selling your the stock of the shop you manage makes noise... You as a person needing liquidity — hey have some fun with it and who gives a rip!


26 posted on 11/30/2021 12:02:14 PM PST by L,TOWM (An upraised middle finger is my virtue signal.)
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To: L,TOWM

I was an officer in a company, and i understand all the requirements.

But I am also aware that people shouldn’t be deeply invested in a single stock.

He was required to disclose it. It seems “reasonable” to me. He pays the taxes and gets along with his life.

There are so many people making money off tea leaves that they feel they have a “right” to know stuff they have no defined right to know.


32 posted on 11/30/2021 1:12:55 PM PST by Vermont Lt
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