Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PLUS | Common Stock | Sale | -$85.3K | -1.25K | -2.6% | $68.28 | 46.9K | Dec 8, 2023 | By Darren S. Raiguel Trust | F1, F2, F3 |
transaction | PLUS | Common Stock | Sale | -$90K | -1.25K | -2.67% | $72.00 | 45.6K | Dec 12, 2023 | By Darren S. Raiguel Trust | F1, F3 |
holding | PLUS | Common Stock | 48.3K | Dec 8, 2023 | 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 transactions reported in this Form 4 were all effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2023. |
F2 | The transaction was executed in multiple trades at prices ranging from $68.13 to $68.49 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. |
F3 | The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries. |