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 |
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F1 | This transaction was effected pursuant to a Rule 10b5-1 trading plan entered into in good faith by the Reporting Person on June 14, 2024 for investment diversification purposes. |
F2 | The price reported is the weighted average price of multiple trades at prices ranging from $101.32 to $102.11. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the reported range. |
F3 | Includes 123,214 restricted stock units which are subject to certain vesting and forfeiture provisions. |
F4 | The price reported is the weighted average price of multiple trades at prices ranging from $101.25 to $102.13. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the reported range. |