A "sale post-exercise" transaction in the context of insider trading refers to the sale of shares that an insider (e.g., a company executive or director) sells after exercising stock options. Here's a breakdown of how this works:
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Stock Option Exercise: Insiders often receive stock options as part of their compensation. Exercising these options means the insider buys shares at a predetermined exercise (or strike) price, which is typically lower than the current market price.
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Sale of Shares: Once the insider exercises their options and receives the shares, they may choose to sell them immediately or at a later date. The transaction where these shares are sold is called a "sale post-exercise."
This type of transaction can be viewed as a way for insiders to liquidate some of their stock holdings for profit, particularly if the current market price is significantly higher than the exercise price. Monitoring these transactions can provide insights into insider sentiment about the company's prospects.
在內幕交易中，“出售期權行權後的交易”是指內幕人士（如公司高管或董事）在行使股票期權後出售股票的交易。具體解釋如下：
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股票期權行權：內幕人士通常會將股票期權作為薪酬的一部分。行使期權意味著內幕人士以預先確定的行權價（通常低於當前市場價）購買股票。
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出售股票：在行權並獲得股票後，內幕人士可以選擇立即或在日後出售這些股票。這類出售被稱為“行權後出售交易”。
這種交易常被視為內幕人士將其股票持有變現以獲利的一種方式，特別是在當前市場價遠高於行權價時。分析這些交易可以提供關於內幕人士對公司未來前景的看法的見解。
