If your client is an insider of a company and wants to sell company stock while protecting against claims of insider trading, a traditional approach has been to create a Rule 10b5-1 plan (10b5-1 plan). If properly structured and executed, a 10b5-1 plan affords an insider exposed to material non-public information (MNPI) with an affirmative defense against claims of insider trading.
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]
0 comments
Hide comments