RE:RE:RE:RE:$1.45 premarket
The CEO can tell the employees they have a deal going on. The employees can act and even tell their friends/family let's say as it may or may not work out. Only when the executive team know for sure it will take place, there's blackout period for them. If they choose to tell the employees before the NR, yeah, the employees better not trade or even tell their friends/family. If not, then business as usual. That's what happened in my company. I've experienced both scenarios.