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 |
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F1 | The aggregate number of non-derivative securities beneficially owned includes 20 additional securities inadvertently not included as part of the Reporting Person's December 1, 2023 grant of restricted stock units which was inadvertantly misreported as a grant of 78,335 restricted stock units instead of the correct amount of 78,355 restricted stock units reported on the Form 4 filed by the Reporting Person on December 7, 2023. |