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 occurred pursuant to a Rule 10b5-1 Trading Plan that was initially adopted on February 26, 2024. |
F2 | On 6/5/2024, 10,207 shares were transferred from the 2023 GRAT account to Direct holdings. |
F3 | On 6/6/2024, 20,000 shares were transferred from Direct holdings to 2024 GRAT account. |
F4 | Reflects a reduction by 110 shares that were inadvertently reported as being held by the Reporting Person. |