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English to German translations [PRO] Bus/Financial - Investment / Securities / Aktienbeteiligungsplan
English term or phrase:Section 16 Officers
... for this grant the following individuals were eligible to participate: CEO, direct reports to the CEO, Section 16 Officers, Subordinate Officers/and those internally defined as equivalent,...
Zur näheren Erläuterung: In order to prevent illegal insider trading, Section 16 of the Securities and Exchange Act of 1934 requires that when an "insider" (defined as all officers, directors and 10% owners) buys the corporation's stock and sells it within six months, all of the profits must go to the company.
Frage: Wie übertrage bzw. erläutere ich "Section 16 Officers"?