What does the term "insider" mean for the Insider Purchases and Sales FYI?

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The Securities and Exchange Commission (“SEC”) requires large holders of certain securities to file a Schedule 13D. Specifically, people or groups that beneficially own more than 5% of a voting class of any equity security registered under Section 12 of the Securities Exchange Act of 1934 (the “Act”) must file a Schedule 13D with the SEC. In some situations, these people may be eligible to make an abbreviated filing, Schedule 13G instead of Schedule 13D…

This FYI communication regarding Corporate Insider/Institutional purchases or sales does not relate to transactions conducted by the account holder who receives it. Rather, it provides information regarding trades conducted by insiders of a company whose stock the account holder owns…

SEC Rule 10b5-1 allows insiders of publicly traded companies to set up a trading plan for the purpose of selling a predetermined quantity of shares at predetermined dates. IBKR will allow clients to open an account to facilitate such transactions subject to the following:…

A Long stock position has to be held more than a one year period before a closing trade would be considered a Long Term profit gain or loss.  If you sold a long stock position that you owned for less than one year it would be considered a Short Term gain or loss.  Any Short stock position you hold is borrowed therefore it is always considered to be a Short Term Gain or Loss regardless of when it was opened and then closed…