Vijay Manthripragada - May 6, 2024 Form 4 Insider Report for Montrose Environmental Group, Inc. (MEG)

Signature
/s/ Nasym Afsari, Attorney in Fact
Stock symbol
MEG
Transactions as of
May 6, 2024
Transactions value $
-$581,388
Form type
4
Date filed
5/9/2024, 06:00 PM
Previous filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEG Common Stock Sale -$577K -12.4K -3.77% $46.51 317K May 6, 2024 Direct F1
transaction MEG Common Stock Sale -$4.7K -100 -0.03% $47.01 317K May 6, 2024 Direct
* 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 price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were purchased in multiple transactions by the Reporting Person at prices ranging from $46.00 to $46.97, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock acquired at each separate price within the range.

Remarks:

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.