Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ITCI | Common Stock | Award | $0 | +33.9K | +3.23% | $0.00 | 1.08M | Feb 1, 2024 | Direct | F1 |
transaction | ITCI | Common Stock | Sale | -$1.1M | -16.4K | -1.52% | $66.70 | 1.07M | Feb 2, 2024 | Direct | F2, F3 |
transaction | ITCI | Common Stock | Sale | -$1.18M | -17.5K | -1.63% | $67.42 | 1.05M | Feb 2, 2024 | Direct | F2, F4 |
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 | Represents shares issued upon the vesting of performance stock units. |
F2 | This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023 and amended on June 9, 2023. A majority of the proceeds from this sale will be used to cover the reporting person's tax liability arising from the vesting of performance stock units. |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.11 to $67.1029, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.11 to $67.68, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above. |