Akin Deal Diary
Akin Deal Diary is a collection of insights and analysis on hot topics impacting companies, funds, dealmakers and directors brought to you by Akin attorneys.
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Akin Deal Diary
On December 14, 2022, the Securities and Exchange Commission (SEC) adopted amendments regarding Rule 10b5-1 insider trading plans and related disclosures. The amendments aim to strengthen investor protections concerning insider trading and to help shareholders understand when and how insiders are trading in securities for which they may at times have material nonpublic information (MNPI). In light of these amendments, issuers should review and revise, if needed, their insider trading policies and equity grant policies.