Former CEO sentenced to prison after first-ever prosecution for stock sales via trading plans that thousands of executives use

fortune.com/2025/06/24/former-ceo-ontrack-prison-sentence-first-ever-prosecution-insider-trading-stock-sales-10b5-1-rule

Former Ontrak CEO Terren Scott Peizer has been sentenced to 42 months prison time in a first-ever prosecution based exclusively on Rule 10b5-1 trading plans, authorities announced on Monday. The plans are relied upon by thousands of U.S. executives at publicly traded companies. A lawyer…

This story appeared on fortune.com, 2025-06-24 08:11:00.
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