| 1. | a person who is a member of a group, organization, society, etc. |
| 2. | a person belonging to a limited circle of persons who understand the actual facts in a situation or share private knowledge: Insiders knew that the president would veto the bill. |
| 3. | a person who has some special advantage or influence. |
| 4. | a person in possession of corporate information not generally available to the public, as a director, an accountant, or other officer or employee of a corporation. |
Insider
Any person who has knowledge of, or access to, valuable nonpublic information about a corporation.
Investopedia Commentary
Examples of an insider are the directors and officers of a company. The stockholders who own more than 10% of equity in a company are also insiders.
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Uncovering Insider Trading
Putting Management Under The Microscope
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See also: Insider Information, Insider Trading
insider
A person who, because of his or her position within a firm, has access to proprietary information unavailable to the general public. Although the term obviously includes corporate officers, it also may extend to relatives of these officers or to employees of other firms having a special relationship with the firm in question.
Officially, an officer, a director, or the owner of 10% or more of a firm's securities. See also Form 3.