While executives at U.S. public companies must disclose trades in their company’s stock within two business days, the Securities and Exchange Commission (SEC) has exempted insiders at foreign firms listed on U.S. exchanges from those requirements. Instead, insiders at foreign-domiciled but...

While corporate insiders at US-listed, US-domiciled companies must disclose their stock sales electronically within two business days on Form 4, the SEC has exempted insiders at US-listed, foreign-domiciled companies from this requirement (e.g., Astra Zeneca, Alibaba). Instead, these “foreign...