Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SIG | Common Shares, par value $0.18 | Sale | -$57.5K | -780 | -2.81% | $73.70 | 27K | Sep 22, 2023 | Direct | F1, F2 |
transaction | SIG | Common Shares, par value $0.18 | Gift | $0 | -110 | -0.41% | $0.00 | 26.9K | Sep 25, 2023 | Direct | F2, 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 transaction was effected pursuant to a Rule 10b5-1 trading plan entered into in good faith by the Reporting Person on April 12, 2023 for investment diversification purposes. |
F2 | Includes 9,855 restricted stock units which are subject to certain vesting and forfeiture provisions. |
F3 | Represents a bona fide charitable gift made by the reporting person. |
General Counsel and SVP Legal Compliance and Risk