Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MLI | Common Stock | Sale | -$1.78M | -41.6K | -10.94% | $42.68 | 339K | Dec 4, 2023 | Direct | F1, F2 |
transaction | MLI | Common Stock | Sale | -$2.64M | -58.5K | -17.28% | $45.11 | 280K | Dec 15, 2023 | Direct | F1, F3 |
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 | This form reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person. The sale was effected pursuant to a previously disclosed Rule 10b5-1 trading plan adopted by the Reporting Person on 5/8/23. |
F2 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.50 to $42.82, inclusive. |
F3 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.43, inclusive. |