Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PAYO | Common Stock | Sale | -$497K | -84.3K | -14.59% | $5.90 | 493K | May 8, 2024 | Direct | F1 |
transaction | PAYO | Common Stock | Sale | -$934K | -150K | -33.16% | $6.23 | 302K | Aug 7, 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 |
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F1 | This line item is being amended solely to correct that on May 10, 2024, the Reporting Person filed a Form 4 which inadvertently reported that 84,226 shares of the issuer's common stock were sold at $5.9028 per share on May 8, 2024, due to an administrative error. As noted above, 84,266 shares of the issuer's common stock were actually sold at $5.9028 per share on May 8, 2024. The number of securities reported in Column 5 reflects the Reporting Person's direct beneficial ownership immediately following the corrected transaction. These shares of issuer's common stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 14, 2023. |
F2 | The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 14, 2023. |