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Reply to "Setting up a 10b5-1"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You should not have your job if you are asking this question here![/quote] I think this is correct. You are a troll. Any C suite person that needs a 10b5-1 plan would have advice from the GC, HR, and from the securities firm where you hold any securities. Or you could even ask the CEO. If you have to ask here you have not a clue. [/quote] lol Yeah, let me ask the CEO for advice on how I should set up my equity sale plan. Or the GC. Or HR. All very interesting ideas. You're at least right about one thing. The securities firm is on deck to set up the plan and I've already talked to them. They've given some limited advice, but it's ultimately my call on how to schedule how/when to sell my RSUs, and under what circumstances. Since this is new to me, I'm looking for insights - do people typically sell immediately upon vesting, do they try to DCA, what tax implications should I watch out for, etc? Google doesn't really yield much that I saw, so I thought I'd try here since there seem to be a bunch of high income people here. But I think most may earning from other types of sources, so... oh well. It was worth a shot. But if I was a troll, this would be a very lame attempt. Sorry this has strangely triggered some people.[/quote] NP and it sounds Ike your question is more related to how to sell your stocks within an existing plan no? When I first read this it sounded like you were setting up a plan for your company in which case definitely should get legal counsel.[/quote] Ah, sorry for being unclear. Yes, this is more about when/how to sell my stocks. I do have to create a personalized plan since I'm considered an insider, but maybe that's not the important part.[/quote]
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