Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JOUT | Class A Common Stock | Sale | -$54.9K | -1K | -3.59% | $54.85 | 26.9K | Sep 13, 2023 | Direct | F1, F2 |
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 | These shares are being sold by the reporting person pursuant to a 10b5-1 trading plan previously adopted by the reporting person on March 7, 2023. |
F2 | The number of securities beneficially owned following the reported transaction does not include: 2,439 shares of Class A Common Stock issuable in connection with a performance-based RSU award granted on December 6, 2016 that became earned on December 4, 2019 and pursuant to which the reporting person has made an election to defer receipt of these shares for a five year period. |