Anthropic Considers Unusual Plan for Employee Stock Sales After It Goes Public

As https://www.theinformation.com/org-charts/anthropic">Anthropic prepares to go public, it is considering a highly unusual move to require rank-and-file employees to sell stock through rigid trading schedules so they don’t run afoul of insider trading laws, said a person familiar with the matter and a person briefed on it.

At companies that have used such trading plans, typically only top executives and some finance and legal staff adopt them.

The arrangements, called 10b5-1 plans, require executives and directors to sell stock according to preset schedules that outline how many shares they’ll sell and at what prices.