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LSDefine

Simple English definitions for legal terms

insider report

Read a random definition: break a house

A quick definition of insider report:

An insider report is a document that must be filed with the Securities and Exchange Commission (SEC) when more than 10% of a company's stock is traded. It is a monthly report that provides information about the company's stock trading activities by insiders, such as executives and directors. The purpose of the report is to ensure transparency and prevent insider trading, which is when insiders use their knowledge of the company to make trades that benefit them at the expense of other investors.

A more thorough explanation:

An insider report is a monthly report that must be filed with the Securities and Exchange Commission (SEC) when more than 10% of a company's stock is traded. This report is filed by insiders of the company, such as executives or major shareholders, and it discloses information about their trading activity.

For example, if the CEO of a company buys or sells a significant amount of stock in the company, they must file an insider report with the SEC. This report will show the date of the transaction, the price of the stock, and the number of shares bought or sold.

The purpose of insider reports is to provide transparency and prevent insider trading, which is when insiders use their knowledge of a company to make trades that give them an unfair advantage over other investors.

insider preference | insidiatio viarum

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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