Mellon Trust disposing of shares!NI filing was submitted to sell up to and including 850,000 shares indiscriminately over a period of time up to a daily threshold (approx 27,000 shares). The principle also declared doing so without any knowledge of specific news, something to that effect.
If shares were disposed of early last week, the SEDI filing is or would be late.
Where I see a predicament, IMO, should no shares be disposed of daily or within a week or longer, that goes against the spirit of the NI filing committment.
Who calls the shots to hold off disposing of the shares? Certainly not Mellon Trust. That would leave the principle of the Trust.
Please feel free to provide input to this layman's opinion.
Good luck to all!