| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GLDD | Common Stock | Sale | -$538K | -59.2K | -5.14% | $9.08 | 1.09M | Aug 15, 2024 | Direct | F1, F2 |
| transaction | GLDD | Common Stock | Sale | -$470K | -51.6K | -4.72% | $9.11 | 1.04M | Aug 16, 2024 | Direct | F1, F3 |
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 reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2024. |
| F2 | Represents the weighted average price. The shares were sold in multiple transactions ranging from $9.00 to $9.18, inclusive. Upon request by the Commission staff, the issuer or security holder of the issuer, the reporting person will provide information regarding the number of shares disposed at each separate price. |
| F3 | Represents the weighted average price. The shares were sold in multiple transactions ranging from $9.00 to $9.23, inclusive. Upon request by the Commission staff, the issuer or security holder of the issuer, the reporting person will provide information regarding the number of shares disposed at each separate price. |