Bruce Labovitz - Apr 10, 2023 Form 4 Insider Report for Bowman Consulting Group Ltd. (BWMN)

Role
Chief Financial Officer
Signature
/s/ Bruce Labovitz
Stock symbol
BWMN
Transactions as of
Apr 10, 2023
Transactions value $
-$78,390
Form type
4
Date filed
4/12/2023, 05:00 PM
Previous filing
Mar 22, 2023
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWMN Common Stock Sale -$78.4K -3K -1.02% $26.13 292K Apr 10, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Reflects shares sold under a 10b5-1 trading plan which was entered into on December 13, 2022. The Rule 10b5-1 trading plan relates to transactions of up to 9,000 shares of Company common stock which, subject to the terms and conditions of the plan, may be sold by a brokerage firm periodically from March 2023 through May 2023.