Hacker News new | ask | show | jobs
by jedberg 11 days ago
Insiders aren't allowed to short a stock. It's against the law.
1 comments

Against corporate policy, it's against the law only if they trade on material non public information.

Once the lockup expire they'll be able to trade (sometimes there's trading window but some tech company don't have any for lower level employees), and they'll still be insiders.