The SEC is asking tough questions about whether 10b5-1 plans are fit for purpose

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Securities regulators are rethinking rules on popular plans that let corporate executives sell stock without violating insider-trading provisions.

The plans — known as 10b5-1 plans — allow executives to create schedules for buying and selling shares in the future. In theory, a predetermined sale, even if it comes at a fortuitous time, wouldn’t be based on inside information.

Why regulators are watching executive stock sales

Shane Shifflett

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nb1aZHH5swydB5yd/+DfLiLvhpwT9e3DLPMYSZbZhp77P8GwsGBDSp5+gDOdhfAzCz8vYMXmOctcRBNxgR6/LdFhliBpWOW9IIWnC6EOMQFwt9TLdpzoiUTeTuWCd5+Z8DEOjMZ6TnAERaDFutcGigy7QZ3rEi5ebM79VFMBtWPlGsLjR3HJVdKl3uVyHkANY8L45esXWLHESUwHToE32H6wi/LyRpW4tS6K5ibNmY3vnBCenXAtp4MUka+LA6CRimMzR3Q7lvmjxSDgY3NSKWeePNkf+vqZIOyXQJaCuLNDrEcAJ1Ui9pcszojjC+3hFoLFOjZOy5FSRpxMdbbkjY1TAj78Ptvmtc0zXg1P072Bh6umbhfahIdYMnGboQ8XzaSOrqzUL1DSKVxjxmiw+Gdl4/XcKll+3u/a9FiP4K575+9ExCnfEuVRAyAieAYjXGVuGpRrfHZiTnojNmlsQ4OOHf64sWyhycwHZZngV/S+uyAwhh3yS+lWLB6TNhVcVMobaUxYbe62Mp1go0VPoow/AMw6jgSDBHppO9buPeaVbzbnzG0YDs805ziP08FrXw8mCuL1IRtDpvjwq1OfICrViMOKXfB97QpcdnO+kIy60mPrQFdTunB+NCxHvsD86g46KNkyGREMvCNiY9NyZbLVck7ZV27VOpTgJtC1zNEOBPsbWaUPoVZyf3wsvtUWZRy97/L8/lHwpYftbGyA5iG1Q+XZdYVWHPdkf9Td46vm/HZlEbE9uUJIi/2OddYxhIGPj5KQJF/5Y/Kyh6K6aRfR1fdS5xggfwFdcx5wGUEPCbFMyBG0uQkk3Ukd4Agovpt26lJUec19TFb6PEko5mUqVIu5A1YXiDjKVg3qXERFiSiqpTFf8vcBTYXKYiMt7z1qYfGkx3k2YUzRhE1qMZEuAq+zaWC9SHBiM24tFC80evQEOa16xGoMGt805o8pm57dZ2GCGA1nzPEuHLr6gBdGLGk0yZ6Sar1kqvbxfZnd+EKeSTUGYZ1JKDKbBadsYogzmvC2157mbu7aCJZFPlSDByAeKuT5zSG41h05ogrqn6KZo444Y1hviy5Oz7GJyywDNOcL71FuwCe5V1c8z/NLqDxuaWlERiqLp/LcnKMWEV101WRJVALXX7dIZGeB8MxcsKfk5hXX8VL6i/XpKxIEGVNb6TvItDQzv3k9xd5/tD1GW/5M9yMVswGoi8L+v9nx5B2y7s3E2AJ5J0KXulevv1wrzRAnr35m1q40/sZ++BPrfWQTK7YgIezpCGcQFBSwc27kJjv+PbNpTqpKzLAsiZXYsstF0nM2T117Lt+8AHwGSlGCiWKqyl0e0lucJgM+tB31sI6ttEOpuvtvcXk1zVOt0FtaG93vSTce6u7kYVER1siGsGkX2l3tz1V0LLpflCHRjkl8jgodPYKUt4XqDuMwwDJV8UWJPb3BVBBPgDWwz3vwtPGslYhk+zbEBplhR76q4O8iX2eyoUiO2XQUrIazxwfY0zxsaVg9/6B65Da4RTNd+FeBssIbc06w0LWxC2NR7PI8knbYGFLrXzczIUrWrXUpLWApVvG3UtqNNBN1lLVVGlHu1lyQQSEPelOkRBko6zu4aOPZc1B74nr4Xrkzv//16/E9Gxag66nq6USwDsZytyFUD1+MmEoTxkiwGA9cKJpJz4Z+PLtfTyR5xpVYU6v/lQmiNle7IsEy+59xR69dzjg2JSyczmd/BkLPy4PYmbyZDMxrIhLGkJWTTZ9+GJ1srIUDwIgC1vq5L9QDG/3uaipboPvco36s0cWVbJzGFse3WupHUUpZuqnd1aZRVladedpMxZlMdtf7yaAG2LCw28OfhEhZ2E4zDSyg1ALcNSwykEM416EDmDzb/cZ4gQ9iTN+4oNmZRcKy062Eq5O3E3x9+waHvROVtBeNurjXuAJZ6Ee4n5dVUOI62wRGDO9GqvXkfjTt0fJa

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