Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PLUS | Common Stock | Tax liability | -$127K | -2.31K | -4.61% | $54.84 | 47.8K | Jun 8, 2023 | Direct | F1 |
transaction | PLUS | Common Stock | Sale | -$347K | -6.29K | -10.77% | $55.09 | 52.1K | Jun 7, 2023 | By Elaine D. Marion Trust | F2, F3, F4 |
holding | PLUS | Common Stock | 424 | Jun 7, 2023 | By IRA |
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 shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 8, 2022, and originally reported by the reporting person in a Form 4 filed with the Commission on June 10, 2022. |
F2 | The transactions reported in this row of this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2022. |
F3 | The transaction was executed in multiple trades at prices ranging from $55.00 to $55.29 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected. |
F4 | The reporting person is a trustee and a beneficiary of the trust. |