selling plan

Selling Plan

A plan in which an investor holding a long position on a security sets forth conditions under which the security will be sold automatically. The selling plan is particularly important if the investor has inside information because Rule 105b-1 of the SEC permits what would otherwise be insider trading as long as the process is set in motion automatically with a selling plan. This construction is controversial, with critics maintaining that selling plans are open to manipulation that allows what amounts to insider trading by stealth.

selling plan

See rule 105b-1.
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References in classic literature ?
That was the name of the man who was supposed to be selling plans to the German Government.
The Board of the Mumbai-based bank has given its clearance to the share selling plan of IDBI Bank at its meeting held on 29th December, 2014.
This is part of Eric's regular selling plan as on file with the SEC," said a Google spokesman in an email.
The company achieved 85% of its production plan and 75% of its selling plan set for the first half of this year.
The Gilles court had concluded that under ERISA Sections 204(g) and 208, the selling plan sponsor had not transferred sufficient plan assets to the spun-off plan, because the transferred assets were insufficient to fund the early retirement benefits under the plan.
Hall terminated his pre-arranged stock selling plan (the "Plan") under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, that was previously put in place by Mr.
Ou Wen LIN, one of its founding shareholders, disclosing a significant stock selling plan.
com can purchase a six-month package ranging from a zero commission $99 home selling plan to a $399 plan that includes a listing on the local MLS (Multiple Listing Service) and Realtor.
As part of its flexible selling plan offering, ZipRealty provides sellers the most popular buy side commission rate for their area and allows them to offer a higher or lower buy side commission.
I am very excited about this opportunity", said Menzie, "Our direct selling plan calls for more than 300 distributors in 5 states, which will generate in excess of $1 million in immediate revenue.
Commitment to Quick Delivery - The Company announced this month to its Bassett Furniture Direct store network a new shipping and selling plan to deliver its most popular stock products to consumers within 10 days and certain made to order products in 30 days.