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SEC Charges Ontrak CEO With Insider Trading Through 10b5-1 Plan

Author: Mas Harntha

SEC Charges Ontrak CEO With Insider Trading Through 10b5-1 Plan

On 1 March 2023, the SEC Terren S. Peizer, Executive Chairman of the healthcare treatment company Ontrak Inc., with insider trading for selling more than $20 million of Ontrak stock between May and August 2021 while in possession of material nonpublic negative information related to the company's largest customer.

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SEC Charges Ontrak CEO With Insider Trading Through 10b5-1 Plan

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SEC Charges Ontrak CEO With Insider Trading Through 10b5-1 Plan

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