Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STT | Common Stock | Tax liability | -$57.5K | -714 | -1.62% | $80.55 | 43.3K | Aug 15, 2024 | Direct | F1 |
transaction | STT | Common Stock | Sale | -$8.23K | -102 | -0.24% | $80.65 | 43.2K | Aug 16, 2024 | Direct | F2 |
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 | These shares were withheld to satisfy tax withholding obligations in connection with the vesting of previously awarded deferred stock. |
F2 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 29, 2024. |