Terence Bartlett Jupp - 18 Dec 2023 Form 4 Insider Report for DRIL-QUIP INC (INVX)

Role
Director
Signature
/s/ James C. Webster Attorney-in-fact
Issuer symbol
INVX
Transactions as of
18 Dec 2023
Net transactions value
-$41,348
Form type
4
Filing time
19 Dec 2023, 10:04:49 UTC
Previous filing
30 Oct 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRQ Common Stock Sale $41,348 -1,804 -2.9% $22.92 59,821 18 Dec 2023 Direct F1
* 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 Sales pursuant to a Rule 10b5-1 plan adopted on September 11, 2023.