For purposes of Section 16(b)of the 1934 Securities Exchange Act,which of the following are not "insiders"?

Question

Quizplus · Accepted Answer

All of the above may be considered insiders for purposes of Section 16(b) of the 1934 Securities Exchange Act. This section defines insiders as directors, officers, and beneficial owners of more than 10% of any class of equity securities registered under Section 12 of the Securities Exchange Act of 1934. Therefore, shareholders owning more than 10% of the stock of a corporation listed on a national stock exchange or registered with the SEC are also considered insiders.

For Purposes of Section 16(b)of the 1934 Securities Exchange Act,which