5.14.24
5.14.24
The SEC introduced final rules in December 2022 relating to insider trading and associated disclosures, requiring issuers to disclose information related to Rule 10b5-1 trading plans, insider trading, and option grant policies, and specific option awards offered to key executives. The new requirements are effective for companies with fiscal year-ends beyond March 31, 2024. Smaller reporting entities have until September 30, 2024, to comply. It is imperative for companies to review and incorporate these requirements in their annual reports and proxy statements.
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5.14.24
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