Insider: After considering an IPO, Anthropic requires employees to sell stock according to a pre-set trading plan

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PANews July 24 news: According to The Information, sources say AI giant Anthropic is considering a relatively rare arrangement after going public, requiring regular employees to sell the shares they hold through pre-set trading plans to avoid violating insider trading-related regulations.

The report says the arrangement would use a 10b5-1 trading plan, in which the timing and quantity of stock sales are set in advance and executed according to the established schedule. Typically, such plans are mainly used for company executives, directors, and certain finance and legal personnel. If Anthropic ultimately implements it, it would be extended to regular employees, which would be an uncommon practice.

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