Jesse K. Bray - Dec 2, 2024 Form 4 Insider Report for Mr. Cooper Group Inc. (COOP)

Signature
/s/Katherine K. Connell, Attorney-in-Fact
Stock symbol
COOP
Transactions as of
Dec 2, 2024
Transactions value $
-$2,927,400
Form type
4
Date filed
12/3/2024, 04:04 PM
Previous filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COOP Common Stock Sale -$2.93M -30K -3.66% $97.58 789K Dec 2, 2024 By The Jesse K. Bray Living Trust F1, F2
holding COOP Common Stock 232K Dec 2, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a previously announced Rule 10b5-1 trading plan adopted by the Jesse K. Bray Living Trust (the "Trust") on June 13, 2024.
F2 The price reported in Column 4 is a weighted average price; the shares were sold in multiple transactions at prices ranging from $97.10 to $98.45, inclusive. Reporting Person, on behalf of the Trust, undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Amount in column 5 has been adjusted to correct an administrative error which resulted in the previous over-reporting of 19,220 shares.