Friends who get equity for your employer: do any of you immediately sell your equity to invest in other stuff? Thinking abt doing this but don’t know if there are insider trading implications.
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Thanks for the guidance! I was wondering because it says to trade “as long as you are not using material non-public information” which I am pretty sure I’m not but couldn’t find much info on what constitutes material info.
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Eigen's right and do be warned that the definition of material info is broad and not very legible to non securities lawyers. Typically people sell their shares according to a pre planned selling plan (called a 10b5-1 plan, check with your broker on this).
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