Gary Bowman - Jul 3, 2023 Form 4 Insider Report for Bowman Consulting Group Ltd. (BWMN)

Role
President, CEO and Chairman, Director
Signature
/s/ Gary Bowman by Robert Hickey with Power of Attorney
Stock symbol
BWMN
Transactions as of
Jul 3, 2023
Transactions value $
-$40,288
Form type
4
Date filed
7/7/2023, 04:57 PM
Previous filing
Jun 2, 2023
Next filing
Jul 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWMN Common Stock Sale -$40.3K -1.25K -0.12% $32.23 1.04M Jul 3, 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, which was entered into on May 31, 2022 and amended on December 16, 2022. The Rule 10b5-1 trading plan as amended relates to transactions of up to 80,000 shares of Company common stock, which, subject to the terms and conditions of the plan, may be sold by a brokerage firm periodically from September 2022 through December 2023.