Avoiding Insider Trading

We do not use material, non-public information that we have learned at Bio-Rad to trade stock or provide tips to others.

We conduct our business with integrity. Bio-Rad and our business partners trust us with valuable information and expect us to keep it safe. Some information we learn in our role at Bio-Rad may be material, non-public information that could be used to influence a decision to buy or sell securities, such as stocks, bonds, or options.

We must never use material, non-public information for any trading activity involving Bio-Rad stock or any other company’s securities, nor should we ever provide such information to, or engage in “tipping” another person. The penalties for trading on material, non-public information or tipping others can be severe and include both civil and criminal consequences.

Expectations


  • Keep all material, non-public information safe and never engage in tipping.
  • Never trade any securities, whether of Bio-Rad or any other organization, based on your knowledge of material, non-public information.
  • Ask questions before you engage in any trading, and make sure you are complying with our rules and the law.

Key Terms

    Information that has not been disclosed to or absorbed by the public that a reasonable investor would consider important to know when making a decision to buy, sell, or hold a security (stock, bond, or option); some examples include unreleased sales figures, pending mergers or acquisitions, key personnel changes, introduction of new products, or earnings estimates.

      Providing material, non-public information about a publicly traded company to a person who is not authorized to have the information.

      FAQs

      A: No. Our insider trading policy and the law forbid trading on any information, whether it is regarding Bio-Rad’s or any other company’s securities. It doesn’t matter that the information doesn’t apply to your work or that the stock purchase in question doesn’t involve Bio-Rad securities.

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