Q: Good Evening
When reviewing the insider reports I come accross to the following term under the heading Nature of Transaction: " Buy Under Company Plan." Can you please explain what is meant by "Buying Under Company Plan"??
I understand the buying and selling in the open market but I am not sure how the buying under company plan works. Are the insiders required to buy company shares at specific intervals?
Thank you
When reviewing the insider reports I come accross to the following term under the heading Nature of Transaction: " Buy Under Company Plan." Can you please explain what is meant by "Buying Under Company Plan"??
I understand the buying and selling in the open market but I am not sure how the buying under company plan works. Are the insiders required to buy company shares at specific intervals?
Thank you