Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PODD | Common Stock | Sale | -$393K | -1.39K | -6.07% | $282.94 | 21.5K | Jul 3, 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 | The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $281.15 to $286.61. Specifically: 503 shares were sold in the range of $281.15 to $281.79, with a weighted average share price of $281.53; 210 shares were sold in the range of $282.37 to $283.37, with a weighted average share price of $283.01; |
F2 | Footnote continued: 588 shares were sold in the range of $283.44 to $284.39 with a weighted average share price of $283.81; 70 shares were sold at a price of $284.70; and 17 shares were sold at a price of $286.61. 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. |