| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RHP | Common Stock | -Sell | -$1,439,250 | -15,000 | -1.85% | $95.95 | 797,614 | Jun 2, 2023 | Direct | F1, F2 |
| transaction | RHP | Common Stock | -Sell | -$1,455,600 | -15,000 | -1.88% | $97.04 | 782,614 | Jun 5, 2023 | Direct | F1, F2 |
| holding | RHP | Common Stock | 793 | Jun 2, 2023 | By Trusts | ||||||
| holding | RHP | Common Stock | 185,000 | Jun 2, 2023 | By Family LLC | ||||||
| holding | RHP | Common Stock | 40,000 | Jun 2, 2023 | By Family LLC | ||||||
| holding | RHP | Common Stock | 327,249 | Jun 2, 2023 | By Family LLC | ||||||
| holding | RHP | Common Stock | 58,171 | Jun 2, 2023 | By Family LLC |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2023. |
| F2 | Includes 648,290 shares credited to Mr. Reed's SERP account, each of which is the economic equivalent of one share of common stock and payable solely in shares of common stock following termination of employment. |