Patricia Mulroy - 12 Jun 2023 Form 4 Insider Report for Bowman Consulting Group Ltd. (BWMN)

Role
Director
Signature
/s/ Patricia Mulroy by Robert Hickey with Power of Attorney
Issuer symbol
BWMN
Transactions as of
12 Jun 2023
Net transactions value
-$66,772
Form type
4
Filing time
13 Jun 2023, 17:16:32 UTC
Previous filing
26 May 2023
Next filing
21 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWMN Common Stock Sale $66,772 -2,225 -11% $30.01 17,242 12 Jun 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 Rule 10b5-1 trading plan dated March 14, 2023. The Rule 10b5-1 trading plan relates to transactions of up to 2725 shares of Company common stock which, subject to the terms and conditions of the plan, may be sold by a brokerage firm from June 12, 2023 through August 2023.