Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KNSL | Common Stock, par value $0.01 per share | Sale | -$525K | -1.5K | -2.07% | $349.94 | 70.8K | Jun 14, 2023 | By spouse | F1 |
holding | KNSL | Common Stock, par value $0.01 per share | 89.3K | Jun 14, 2023 | Direct |
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 | The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's spouse on December 14, 2022. |