"Yes, we intend to buy the stock, but, in order to

"Yes, we intend to buy the stock, but, in order to make sure that we comply with the SEC’s insider trading rules, we have to set up something that’s called 10(b)(5-1) trading accounts, where the buying is actually managed by a broker, pursuant to a schedule or a formula, and not directed by us. We’re setting up those accounts for all members of the senior Management team and all of our Board members . Many of them, including mine, have actually already been set up. I believe there’s a 30-day mandatory waiting period before you can start buying. Yes. Look for those Form 4s."

Rory said on August 29th they were setting up those 10b5-1 trading accounts. Past the cooling off period now.

"In addition, the plan should contain a reasonable "cooling off" period after adoption (perhaps 30-60 days) during which trades will not occur. "

1500 shares on a regular basis seems reasonable to me to stay within the guidelines. If it was a lot more, people would be bitching about insider knowledge.

" Assess whether the contemplated trades are right for a Rule 10b5-1 trading plan. If the insider wants to purchase or sell relatively small amounts of shares at regular intervals over an extended period of time, then a Rule 10b5-1 trading plan would likely make sense ."

https://www.americanbar.org/groups/business_l...06_scheer/