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Verb Technology Company, I VERB
(Total Views: 604)
Posted On: 04/22/2020 9:38:22 PM
Post# of 33075
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Posted By: N2Tech22
Update on insider transactions question I had from IR:

******,



Thank you for your email and patience as we tracked down an answer for you.



The “insider stock purchases” you were previously seeing were part of the Company’s 10B5-1 Plan, which allows insiders to set up a plan to sell or buy Company stock in a predetermined manner, enabling them to comply with the relevant insider trading laws.



The Company’s 10B5-1 Plan was set for a three-month span which concluded at the end of the year.



Additionally, a new plan cannot yet be started because we are currently in the middle of a blackout period.



Let me know if you have any more questions.



Regards,



John













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