A recent member-requested Society Quick Survey on pre-clearance of director & executive officer trades in company stock, which garnered responses from nearly 285 issuer-members, revealed that the vast majority of companies (~90%) require directors and executive officers to obtain written pre-clearance on an individual basis in order to trade in company stock, and that pre-clearances are most commonly effective for a limited time period rather than the entire window period. Access the full survey results here, and additional, related benchmarking data here.
This report first appeared in last week's Society Alert! Note that our member-requested Quick Surveys are always conducted on an anonymous basis, and reported out promptly after the survey closes in the next weekly Society Alert.