blackout period

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Blackout period

A period of time before the earnings release of a public company during which its directors and specific employees deemed insiders cannot trade the company’s stock.

Blackout Period

The period of time during which an employee may not make any changes to his/her employer-sponsored retirement plan. This usually occurs when the plan is being restructured or when administrative changes are being made. For example, a company may institute a blackout period if it is moving management of its retirement plans to a different brokerage. A blackout period normally lasts approximately 60 days. It is also called the lockdown.

blackout period

1. The time period prior to the release of financial information during which certain employees of a public company are prohibited from trading in the firm's stock. See also window period.
2. See lockdown.
References in periodicals archive ?
Dollarama also announced that it renewed its automatic purchase plan agreement ("APP") with a broker to allow for the purchase of its common shares under the normal course issuer bid at times when Dollarama ordinarily would not be active in the market due to self-imposed trading blackout periods.
The Plan allows for purchases of CP common shares during internal quarterly blackout periods when CP would not otherwise be permitted to trade in its shares.
A plan under Rule 10b5-1 allows companies to repurchase shares at times when it might otherwise be prevented from doing so by securities laws or because of self-imposed trading blackout periods.
Available on bookings made up until 15th September 2013, the savings are applicable on cars reserved and collected between now and 31st March 2014, excluding short term, blackout periods.
The offer is valid for sales up to August 11, for outbound travel between the July 20 to August 15, 2012 -- blackout periods apply.
The discounted tickets are valid for travel between 1 November 2011 and 31 March 2012, with blackout periods applying over Christmas and the Chinese New Year.
The Compliance Suite enables policy enforcement through proactive compliance by preventing insider trading breaches and detecting irregularities during blackout periods.
Those included the right to designate areas of the mall where individuals could solicit, limiting the size of posters and even imposing blackout periods during the holidays.
In addition, optionees need to be familiar with the terms of their employers' insider trading policies--especially the blackout periods.
123(R) and found a lattice model to be substantially more flexible than a Black-Scholes model, especially with respect to restricted employee stock option nuances such as vesting, early exercise and blackout periods.
He discussed several provisions, among them: 1) Retaliation against whistleblowers could result in fines (and imprisonment); 2) Document destruction with the intent to impede federal agency or bankruptcy case could result in fines (and imprisonment); 3) Retirement plan administrators must provide a 30-day advance notice for ERISA Plan Blackout Periods with an explanation of reasons, effects and duration.
Blackout periods typically occur when plans change record keepers or investment options, or when plans add participants due to a corporate merger or acquisition.