Insider Transaction
/ˈɪnˌsaɪdər trænˈzækʃən/
Definitions
- (n.) A transaction involving the buying, selling, or transfer of securities or assets by individuals who possess non-public, material information about the entity involved.
The company investigated the insider transaction to ensure compliance with securities laws.
Forms
- insider transactions
Related terms
See also
Commentary
The term is often scrutinized under securities law to prevent abuse of confidential information; precise drafting should clarify the nature and timing of such transactions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.