Insider Trading Regulations
Another complex challenge affecting public company executives are the regulations surrounding trades in employer stock. Rule 144, Section 16, Rule 10b-5 and company trading policies must all be considered prior to executing trades for executives.
Executive Consulting of Raymond James is fluent in all of these rules along with having an abundance of experience interacting with corporate counsel and transfer agents to facilitate smooth trade settlement. In addition, our practice has designed and executed hundreds of Rule 10b5-1 plans over the years.
As a testament to our expertise in this arena, the Raymond James Global Equities and Investment Banking division leverages our team to provide Rule 10b5-1 plan support to many public company clients of the firm. This support can be provided as a platform service to all employees at a company or on an ad-hoc basis to individual executives and board members who have a specific need. Additionally, our team has developed a solution for incorporating Up-C / UPREIT conversions into a Rule 10b5-1 sales plan for companies with that unique corporate structure.