Insider trading question

[Insurinator]

I saw some openly available info on Friday, 2/12 that showed a couple insiders sold shares on Tuesday 2/16.

How does this make sense, seeing as it is not actually 2/16 yet and I saw this on 2/12... I am wondering does this is normal and does it occur occasionally?

Maybe it's just a mix up of information?

 

[jeb9999]

Why don't you read up on 10b5-1 plans.

Planned insider selling is nothing special.

 

[Insurinator]

Thanks for the info. Without reading anything, one more thing...

Are these insiders obligated to sell/buy the shares on that date if it is already "planned"?

 

[psytrade]

No, they go back with whiteout and change the strike price

 

[Insurinator]

If it's a "plan", it's just that... a plan.

So I'll assume they are obligated to sell/but the shares on the future date....