Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOTE | Class A Common Stock | Sale | -$5.34K | -2.75K | -3.68% | $1.94 | 72.1K | Jul 18, 2024 | Gerald Yao Revocable Trust Dated January 10, 2019 | F1, F2 |
holding | NOTE | Class A Common Stock | 4K | Jul 18, 2024 | Direct |
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 sales reported on this Form 4 were made in multiple transactions, each at a price of $1.94 per share, pursuant to a Rule 10b5-1 trading plan adopted on March 19, 2024. |
F2 | The Reporting Person is Trustee of this Trust. |