> That only applies to higher management, who would know of impending layoffs.
Nope, that applies to anyone for whom the employment offer says it applies to.
At the previous company I worked at, we had no such rule. At the current one I work for, it applies to all software engineers. At plenty other companies, including FAANG companies like Google, it applies to all software engineers as well. Apple, for example, also doesn't allow you to trade AAPL derivative options in any way whatsoever (so you aren't allowed on your own free time and even using your own money to trade puts and calls).
In those cases, you cannot trade the company shares during certain weeks of each quarter, despite you fully owning those (even if you bought them on your own, before joining the company). Obviously, this only applies if you are still an employee of the company, once you leave you can do whatever you want.
This is just nonsense. Once the stock vests it is yours. Now an official SEC blackout period is different. And if you are privy to insider information then yes you can be restricted but again it is the SEC that enforces this.
Nope, that applies to anyone for whom the employment offer says it applies to.
At the previous company I worked at, we had no such rule. At the current one I work for, it applies to all software engineers. At plenty other companies, including FAANG companies like Google, it applies to all software engineers as well. Apple, for example, also doesn't allow you to trade AAPL derivative options in any way whatsoever (so you aren't allowed on your own free time and even using your own money to trade puts and calls).
In those cases, you cannot trade the company shares during certain weeks of each quarter, despite you fully owning those (even if you bought them on your own, before joining the company). Obviously, this only applies if you are still an employee of the company, once you leave you can do whatever you want.