It’s not a prohibition; there’s a trading window after quarterly earnings calls where employees presumably don’t have (all that much) insider information.
The derivatives prohibitions are not to prevent insider trading but because it simply breaks the incentive alignment that a company hopes to create with equity programs.
It’s not a prohibition; there’s a trading window after quarterly earnings calls where employees presumably don’t have (all that much) insider information.
The derivatives prohibitions are not to prevent insider trading but because it simply breaks the incentive alignment that a company hopes to create with equity programs.