Accidentally sold the stocks during blackout period and it’s against insider trading policy that I’m soo stupid enough to not have any idea about. I genuinely didn’t know and freaking out now and it was very small amount of shares that I wanted to cash out to pay for an upcoming vacation. The compliance team have pinged me and sent me documents why it is against the company policy. They will set up a meeting with legal etc. I’m really scared and I’m just dumb I didn’t know what I did was against policy. Any idea what I can expect given that I genuinely didn’t realize? What consequences can I face?
Just explain that it was a mistake. Happens all the time.
Why didn’t they block it? Its not your fault
right_to_jail.gif
Move to a country with no extradition law with the US now!
Dnt worry,.. slap on the wrist at most
It’s just un-American to limit your financial freedom.
Can I get a referral to Coupang?
File the form for insider trading with the IRS. It's either form 3,4 or 5. I forget. And if it's a sma mistake, just say jt. Shit happens. But yea, definitely want to ask legal what restrictions they placed on the vested stock in black out period. If they said that they don't have any, push back if there was nothing to prevent you from exercising.
Got it thanks
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Guessing they will roll back all trades.