Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EA | Common Stock | Sale | -$600K | -5K | -11.31% | $120.00 | 39.2K | Aug 28, 2023 | By Family Trust | F1, F2 |
holding | EA | Common Stock | 41K | Aug 28, 2023 | By Trust | F3 | |||||
holding | EA | Common Stock | 41K | Aug 28, 2023 | By Trust | F3 |
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 | This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Wilson and the Wilson Family Trust on August 31, 2022. |
F2 | Shares are held by the Wilson Family 2015 Trust. Mr. Wilson has investment control over, and pecuniary interest in, all shares held by the Wilson Family 2015 Trust. |
F3 | Shares are held in trust for the benefit of Mr. Wilson's descendants. Mr. Wilson maintains investment control over the shares held in this trust. |