Form 8-K is a very broad form used to notify investors in United States public companies of specified events that may be important to shareholders or the United States Securities and Exchange Commission. This is one of the most common types of forms filed with the SEC. After a significant event like bankruptcy or departure of a CEO,
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Yep this is so they can cash in investors money before the little guys can cash out at the same rate.
If I give you money to grow your business and you take it promising to do so. You fail and cash in my money under legal scams like the market, isn't that theft and misrepresentation, fraud?
Gentlemen these CEOs are nothing more than robber barons and wild cat bankers who under the cover of unscrupulous laws steal the bread from the mouths of investors children and from their labor. All because they belong to a small little club. These clowns are the very unethical thieves and brigands that they hypocritically rail about when firing an employee for taking a pen home from work.
You who agree with their thefts do so hoping you'll get to legally steal someday yourselves. Wake up call, you were born into the wrong class first of all. Second these people use people who are loyal to them much like you'd use a bell hop. You no more think of him and his hard lift after you tip the poor man as you focus on your vacation than your bosses think of you as they stuff their pockets with others money and their pants with goods and friends with perks. However please continue to defend your abuser. They have a diagnosis for that, it's called Stockholm syndrome.
Go find a new job, stop shinning the light on the roaches you shout. What if people posting here found new jobs or are still working here, but instead of walking past a problem, they expose it and keep exposing it. Think of this as HSE, you see a problem, do you hide it? No you expose it until it is rectified.
Form 4 is what large stock holders have to turn in when they sell their stocks.
"prearranged trading plan" as is workers can't sell their stock until after the upper management has been able to dump their's.
Jeeze guys, get a grip. Your prejudices are overwhelming your judgment. Here is the filing from last week:
Form 8-K for HALLIBURTON CO
25-May-2016
Other Events
Item 8.01. Other Events.
Effective as of May 24, 2016, Joe Rainey, President, Western Hemisphere of Halliburton Company established a prearranged trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Any transactions under the above plan will be disclosed through Form 4 filings with the Securities and Exchange Commission.
https://biz.yahoo.com/e/160525/hal8-k.html
Yes: "Oh for the good old days!"....days without worker protection, welfare, unemployment insurance, anti-trust laws....the kind of world big Erle prospered in. It is true, he was no saint.
It is easy to make up history to fit your fuzzy view of the world when there is no one to contest those changes.....
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From what I heard, the leaders today are following the example set by Earle P. Who was no saint either.
This company has the worst management and leadership that I have ever seen. Erle P would be ashamed if he could see what has become of the great company he built. He really appriciated the working man and rightly so. The working man made the company great. The so called leaders today are only worried about their bonuses and helping their buddies. It is a complete disgrace.
Perhaps Captain Dave is preparing to flee the "Big Red Titanic"?
He was rewarded with his millions in bonuses, despite his MULTI-BILLION FAILURE, and it would be just like his 'leadership example', to don his dress, and flee the sinking ship with the women and children.