Rule 10b5-1

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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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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The repurchase program permits repurchases in open market or private transactions, including accelerated share repurchase transactions, block trades, or pursuant to trading plans intended to comply with SEC Rule 10b5-1. The timing, manner, price, and amount of securities to be repurchased will be determined by management at their discretion.
Mr Montoni and Mr Caswell traded under formal plans in compliance with SEC Rule 10b5-1."
International Resource News-December 18, 2015--American DG Energy announces material completion of SEC Rule 10b5-1 share purchase plan
The company also said that its policy is not to comment on investment opinions and anonymous online posts, however Form 4s detailing Sillerman's transactions will be filed shortly with the US Securities and Exchange Commission (SEC) and additionally, he has filed a stock purchase plan under SEC Rule 10b5-1 to purchase up to another 3,000,000 shares of common stock after the release of its third quarter operating results in mid-November.
Scripps executive team have announced plans under SEC rule 10b5-1 that will allow them to authorize stock trading plans prior to gaining insider knowledge which might otherwise prevent the trades.
The latter could be established as part of a SEC rule 10b5-1 plan applicable to certain high-level executives.
To be sure, the adoption of the safe harbor provided by SEC Rule 10b5-1 has provided some relief.
Underwriters may want to review the firm's insider trading policy, including its efforts to comply with SEC Rule 10b5-1, as well as procedures for complying with new accelerated reporting requirements.
Repurchases under this stock repurchase programme may be made in open market or privately negotiated transactions and may be made pursuant to SEC Rule 10b5-1 trading plans.
Effective since October 2000, SEC Rule 10b5-1 provides for the establishment of a written plan for the trading of securities while the person establishing the plan is not in possession of material, non-public information.
In addition, Comtech's board has authorised a new USD50.0m stock repurchase programme, under which repurchases may be made in open-market or privately negotiated transactions and may be made pursuant to SEC Rule 10b5-1 trading plans.
Repurchases may be made in open-market or privately negotiated transactions and pursuant to SEC Rule 10b5-1 trading plans.