Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GLW | Common Stock | Sale | -$705K | -20.2K | -100% | $35.00 | 0 | May 14, 2024 | Direct | F1 |
holding | GLW | Common Stock | 719 | May 14, 2024 | Trustee u/Employee Benefit Plan | 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 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2023. |
F2 | Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of April 30, 2024. |