Rule 10b5-1

Rule 10b5-1

An SEC rule that allows an employee of a publicly-traded company to create a plan of when and how to sell shares in that company. The employee writes and files this plan while he/she has no nonpublic knowledge about the company. Following this plan and selling shares according to it allows the employee to sell shares without fear of being accused of insider trading, regardless of what nonpublic knowledge he/she may later come to possess.

Rule 10b5-1

An SEC rule that permits an employee to adopt a written plan to sell shares when the employee is not in possession of material nonpublic information. Shares can then be sold according to the plan on a regular basis, regardless of subsequent nonpublic information received by the employee. Also called selling plan.
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Polymer products company Myers Industries Inc (NYSE:MYE) said on Wednesday that it has adopted a Rule 10b5-1 plan to repurchase up to 2m shares of its common stock under the guidelines specified in Rule 10b5-1 of the Securities Exchange Act of 1934.
Purchases will be conducted solely through a Rule 10b5-1 repurchase plan with Sandler O'Neill & Partners, L.
Unum Group (NYSE: UNM) announced today that Robert Greving, Unum Group's Chief Financial Officer and Chief Actuary has adopted a prearranged trading plan in accordance with guidelines specified by Rule 10b5-1 of the Securities and Exchange Act of 1934, in conjunction with company-specific policies with respect to insider sales.
The stock trading plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934 and Synchronoss' policies regarding stock transactions by insiders.
The stock trading plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 and Landec's policies regarding stock transactions.
The stock-trading plan was established under Rule 10b5-1 of the Securities Exchange Act of 1934.
Connor, Chairman and Chief Executive Officer, has established a trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act.
Taft's Rule 10b5-1 Plan, he may sell up to 90,000 shares of currently owned Landec common stock and exercise stock options and sell up to 110,000 shares of Landec common stock issued upon exercise of such options (which in aggregate represent less than 1% of Landec's outstanding stock) subject to certain daily and monthly sale limitations and market price thresholds set forth in the Plan.
David Flanery, Senior Vice President and Chief Financial Officer, have adopted pre-arranged trading plans under Securities and Exchange Commission Rule 10b5-1 in order to sell shares, or exercise stock options and sell the underlying shares, under predetermined criteria and limitations.
Burkett announced that he has amended and extended the Rule 10b5-1 Plan that he began last year, which provides for the purchase of stock through Zila's Employee Stock Purchase Plan ("the ESPP").
NASDAQ: ARTG), the leading eCommerce platform provider, today announced that John Federman, a Senior Vice President of the company, has established a pre-arranged sales plan with a broker intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.