This Policy Statement implements procedures to deter the misuse of material, nonpublic information in securities transactions. The Policy Statement applies to securities trading and information handling by directors, officers and employees of the company (including spouses, minor children and adult members of their households).
Cook Illinois, a leading transportation company, has implemented robust policies and procedures to detect and prevent insider trading. These measures are designed to ensure compliance with regulatory requirements while safeguarding the integrity of market transactions. By preventing employees and insiders from exploiting non-public information for personal gain, Cook Illinois maintains a fair and transparent trading environment. One of the primary methods Cook Illinois employs is conducting regular training sessions to educate employees on insider trading laws and regulations. By raising awareness and providing comprehensive guidance, employees gain a thorough understanding of their legal obligations and the consequences of non-compliance. This training covers topics such as the definition of insider trading, the types of information considered non-public, and the potential penalties for violating these rules. To ensure compliance, Cook Illinois has established a strict policy that restricts employees from trading in the company's securities while in possession of material non-public information. Additionally, the company maintains a "talking blackout" period surrounding significant company events, such as financial results announcements or potential mergers and acquisitions. During these blackout periods, employees are prohibited from discussing or trading any Cook Illinois securities to prevent any accidental or intentional breaches of insider trading regulations. Furthermore, Cook Illinois encourages employees to report any suspicious activities or potential violations of insider trading policies through an anonymous whistleblowing mechanism. This mechanism provides employees with a safe and confidential channel to report concerns, promoting a culture of accountability and transparency within the organization. Reports are thoroughly investigated by the company's compliance team, and appropriate action is taken to address any identified breaches. In addition to these general policies, Cook Illinois has implemented specific procedures tailored to various departments and roles within the company. For example, individuals in senior management positions may require additional pre-clearance procedures before trading in Cook Illinois securities. Such pre-clearance ensures that potential conflicts of interest are appropriately managed and mitigated. To monitor trading activities, Cook Illinois also employs sophisticated technology solutions that detect potential insider trading activities, such as unusual trading patterns or volumes. Automated systems continuously analyze trading data and flag suspicious activities for further investigation. These systems help Cook Illinois proactively identify and address any potential insider trading activities, ensuring a fair and level playing field for all market participants. In summary, Cook Illinois has a comprehensive suite of policies and procedures in place to detect and prevent insider trading. Through rigorous training, restricted trading periods, whistleblowing mechanisms, role-specific procedures, and technological solutions, the company effectively manages the risk of insider trading. These measures demonstrate Cook Illinois' commitment to maintaining market integrity and compliance with regulatory requirements.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
