If the CEO was correct, wonder why they sold £3m of their stocks in the weeks le... | Hacker News

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		ignoramous on March 11, 2023 \| parent \| context \| favorite \| on: FDIC Takes over Silicon Valley Bank If the CEO was correct, wonder why they sold £3m of their stocks in the weeks leading up to this? https://archive.is/0WCkf

deepsun on March 11, 2023 [–]

How can they do that right before the earning call? I thought all insiders, CEO/CFO especially, have trading windows that open after earnings call.

hn_throwaway_99 on March 12, 2023 | [–]

It was done as part of a 10b5-1 plan.

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