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 | The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2023. |
F2 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $169.04 to $170.01. |
F3 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $170.05 to $170.93. |
F4 | The reporting price in Column 4 is a weighted sale price. These shares were sold in mulitple transactions at prices ranging from $171.13 to $172.12. |
F5 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $172.38 to $173.33. |