RE:RE:RE:Question for the Unwashed Masses...Insiders and employees with knowledge of confidential material information about the Company or counter-parties in negotiations of potentially material transactions are prohibited from trading securities of the Company or any counter-party until the information has been fully disclosed and a reasonable period has passed for the information to be widely disseminated.
To protect the reputation of the Company and avoid the appearance of impropriety, all directors, officers and other insiders are required to preclear all proposed trades in the Company’s securities (including the exercise of stock options) with the Corporate Secretary or other designated officer of the Company.
Insiders buying shares would indicate that no material negociations are currently on-going with Delek on anybody else at the present time. I would believe that since they were also to buy, nothing is imminent either.