Kristen Actis-Grande - Nov 21, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Kristen Actis-Grande
Stock symbol
MSM
Transactions as of
Nov 21, 2023
Transactions value $
-$284,964
Form type
4
Date filed
11/21/2023, 03:22 PM
Previous filing
Nov 8, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSM Class A Common Stock, $0.001 par value Sale -$285K -2.89K -28.3% $98.74 7.31K Nov 21, 2023 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).

Remarks:

The transaction reported in this Form 4 was made pursuant to a 10b5-1 plan adopted by the Reporting Person on August 22, 2023.