> Intel was also planning to wait for at least another 6 months before bringing this to light
Of course, until the legally agreed date when they can dump shares so there’s no obvious proof that it’s insider trading. Isn’t that what (then) Intel CEO Brian Krzanich did after Meltdown/Spectre?
It might be obvious, but that's exactly what Brian Krzanich did in 2017. He didn't get in any actual trouble for it even though the timing smelled blatantly like insider trading.
Is it obvious if they have an existing plan to sell shares and are simply waiting for it to trigger? They can reasonably claim they took this action to protect consumers until they had a better fix
Executives are allowed to sell at pre-agreed dates. If they do it on those dates then there’s nothing to prove, they just postpone the disclosure under any reason. Doesn’t make it smell less like insider trading, you just can’t prove it.
I don’t think he did. He got out and had a prior years notice. Then he made a comment about not losing over 20 percent datacenter to amd. Dude definitely seen what was coming
History would appear to prove you wrong[1]. Yes, Intel's stock price rebounded that doesn't change that their stock price changed when the vulnerability became public.
Of course, until the legally agreed date when they can dump shares so there’s no obvious proof that it’s insider trading. Isn’t that what (then) Intel CEO Brian Krzanich did after Meltdown/Spectre?