Terms

Insiders

Insiders

An insider is a person who, by virtue of his or her employment or other close association, has insider information on a publicly traded firm. An insider can be a director, senior officer, entity, or individual that owns more than 10% of a publicly traded company's voting shares. Associated with insider trading, insiders can include anyone who trades a company's shares based on material nonpublic knowledge.They have the opportunity of an insider to profit from such information is commonly restricted or prohibited by law, but the opportunity of an insider to profit from such information is commonly restricted or prohibited by law.