CMG 241004 58.00P (CMG241004P58000) Stock Options, News & Quotes

1.05
-0.15-12.50%

15min DelayTrading Sep 30 09:59 ET

1.10High1.00Low

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Comments

73372627

Sep 24 08:34

Normal him to sell. Was his choice to make the move to Starbucks, so those shares represent his own salary as per his contract. Keeping stocks will be an conflict of interest due to the facts that with the amount of shares him has can easy manipulate the CMG stocks market price. The SEC rules are very clear on this issue.
Sorry the rule 144 do not has this particularly situation. This rule stipulate that any officers who sell or buy shares must be declared. The rule for ex-CEO is another (for...