Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PODD | Common Stock | Sale | -$4.07M | -15K | -25.77% | $271.56 | 43.2K | Jun 1, 2023 | By NG Trust | F1, F2, F3 |
holding | PODD | Common Stock | 2.57K | Jun 1, 2023 | Direct | ||||||
holding | PODD | Common Stock | 12.9K | Jun 1, 2023 | By SP Trust |
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 transaction reported in this Form 4 were effected pursuant to an existing Rule 10b5-1 trading plan. |
F2 | The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $270.10 to $274.48. Specifically: 4,943 shares were sold in the range of $270.10 to $270.99, with a weighted average share price of $270.60; 4,511 shares were sold in the range of $271 to $271.88, with a weighted average share price of $271.36; |
F3 | Footnote continued: 4,918 shares were sold in the range of $272.01 to $272.99, with a weighted average share price of $272.46; 500 shares were sold in the range of $273.16 to $273.69, with a weighted average share price of $273.36; and 128 shares were sold at a price of $274.48. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price. |