Planning for Executives - 13 Value, risks and tax implications of utilizing Section 10b-5(1) plans in concentrated stock situations Flashcards
1
Q
Explain the desired outcomes of utilizing 10b-5(1) plans in concentrated stock situations
A
Rule 10b5-1 plans provide an affirmative defense for companies and those presumed to be “insiders” (i.e., directors and officers) transacting in the relevant company’s securities.
