Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AMSC | Common Stock | Sale | -$280K | -18.9K | -1.76% | $14.78 | 1.06M | May 21, 2024 | Direct | F1, F2, F3 |
transaction | AMSC | Common Stock | Sale | -$24.8K | -1.62K | -0.15% | $15.30 | 1.06M | May 21, 2024 | Direct | F1, F2, F4, F5 |
holding | AMSC | Common Stock | 12K | May 21, 2024 | By 401(k) plan | F6 |
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 the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock awards. |
F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2023. |
F3 | The sales were executed in multiple trades at prices ranging from $14.24-$15.2375. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and price at which the transaction was effected. |
F4 | The sales were executed in multiple trades at prices ranging from $15.25-$15.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and price at which the transaction was effected. |
F5 | Following all the transactions reported on this Form 4, the reporting person holds 1,057,121 shares directly. |
F6 | Following all the transactions reported on this Form 4, the reporting person holds 11,992 shares indirectly through the company's 401(k) plan as of May 21, 2024. |