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Insiders |
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Insiders Traditionally referring to the directors, senior officers and holders of more than 10% of the voting shares of the company, insiders now include anyone who possesses or has access to material, non-public information (inside information), including tippees. This could include, for example, even a junior employee who makes photocopies for a board meeting, or someone who is ‘tipped’ by an insider.. Insider A person who has knowledge of or access to restricted or otherwise nonpublic information about a publicly-traded company. Examples include senior management and shareholders with more than a 10% stake in the company. Under most circumstances, it is a crime for an insider to make trades on the special information he/she possesses. See also: Inside information, Insider trading. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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