RE:fire:ct ownership RR
when I was previously with a publicly traded company the company Legal dept. trained us on policy. It was typically 30 days prior to the quarterly and 60 days prior to annual financials.
I not really sure as I haven't been involved in a number of years but I believe the OSC requires that employees with access to material non public information be prohibited from trading until the information has been fully disclosed and a reasonable period of time has passed for the information to be disseminated. So say they are in talks with a company for a JV or merger and a ND has been signed. This period may vary, depending on how closely the company is followed by analysts and institutional investors. This was a period developed internally by the Legal dept so I don't think there is a real stipulated time by OSC but the company will err on the side of caution.
in Fires case there is a lot of attention on the company so they will be real sure.
certainly will be nice to see some exec buying. More than likely Beena has shares in her employment contract so she maybe just getting the company in order than will start getting her allotment.
not sure if this is still correct
cheers