BlockBeats News, July 23rd - Artificial intelligence giant Anthropic is considering a rather rare arrangement post IPO, requiring regular employees to sell their shares through a preset trading plan to avoid insider trading violations.
The arrangement will involve a 10b5-1 trading plan, which allows for the predefined selling of stocks at set times and quantities without further intervention. Typically, such plans are used by company executives, directors, and some finance and legal staff. Extending this practice to regular employees would be an unusual move for Anthropic.
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